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L&T beats estimates, Kotak Sec justifies result

Engineering and construction major Larsen and Toubro (L&T) beat all estimates to report a net profit of Rs 1,920 crore, up 31.6% (YoY). In an interview with CNBC-TV18, Sanjeev Zarbade of Kotak Securities analysed the Q4 results of L&T and said that the topline is almost in line with their expectations.

first published: May 14, 2012 03:01 pm

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