L&T Q1 Results: Profit Slumps 79% As New Orders Dry Up Amid Covid-19 Lockdown

L&T Q1 Results: Profit Slumps 79% As New Orders Dry Up Amid Covid-19  Lockdown
A Larsen & Toubro Ltd. employee grinds metal plates in the company’s ship building yard in Hajira, India (Photographer: Prashanth Vishwanathan/Bloomberg News)  

L&T Q1 Results: Profit Slumps 79% As New Orders Dry Up Amid Covid-19 Lockdown

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Larsen & Toubro Ltd. reported a sharp decline in quarterly profit as new orders dried up and ongoing projects were disrupted following the nationwide coronavirus lockdown.Net profit fell 79% to Rs ...