L&T surges after Jan-March earnings beat estimates
Jun 02 2014 , Mumbai
Net profit from continuing operations was 27.23 billion rupees ($461 million) in January-March, up from 16.1 billion rupees a year earlier, L&T said in a statement on Friday.
That compared with the 16.15 billion rupees mean of 15 analysts, according to Thomson Reuters data.
L&T shares were up nearly 5 percent at 1622 rupees as of 9:21 a.m.