The engineering and construction major, on Wednesday, said that its March quarter revenue rose 10% to ₹58,335 crore from a year earlier. The operating margin for the quarter, however, narrowed to 11.7% from 12.3% the year earlier.
Raman attributed the decline in profit margin to orders secured in FY21 and FY22, which make up approximately ₹2.31 trillion of L&T’s total order book valued at ₹4 trillion.
Diese Geschichte stammt aus der May 13, 2023-Ausgabe von Mint Mumbai.
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Diese Geschichte stammt aus der May 13, 2023-Ausgabe von Mint Mumbai.
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