![L&T shares up 2.27% after Q1 profit surges 12% to ₹2,786 cr](https://images.assettype.com/fortuneindia%2F2023-08%2F899fedc1-a1d4-476c-b460-01134be51804%2FWomen_in_Male_Business_1.jpg?w=300&q=95)
L&T shares up 2.27% after Q1 profit surges 12% to ₹2,786 cr
Boosted by robust order growth in Middle East, L&T received orders worth ₹70,936 cr at group level, registering a year-over-year growth of 8% in the first quarter
Boosted by robust order growth in Middle East, L&T received orders worth ₹70,936 cr at group level, registering a year-over-year growth of 8% in the first quarter
India’s biggest lender banks on technology to grow in the face of onslaught by fintech players and private banks.
The Covid-19 pandemic and the subsequent lockdowns seems to have worked in favour of the listed companies in the country as they saw their average quarterly profit double since the outbreak.