Business
Larsen and Toubro’s Q1 standalone net profit down 21 percent
Mumbai: Engineering, construction and manufacturing conglomerate Larsen and Larsen & Toubro (L&T) on Friday reported a decrease of 21.55 percent in its stand alone net profit for the first quarter of the current fiscal.
According to the company, its net profit stood at Rs.700.97 crore in the quarter under review from Rs.893.55 crore for the quarter ended June 30, 2014.
The company’s total income in the quarter ended June 30, 2015 decreased by 4.04 percent at Rs.11,263.60 crore from Rs.10,825.65 crore in the previous corresponding quarter.
The company’s consolidated net profit for the quarter ended June 30, 2015 fell by 37.30 percent at Rs.606.19 crore from Rs.966.89 crore in the first quarter of 2014-15.
However, the company’s consolidated total income during the quarter under review grew by 6.53 percent at Rs.20,509.53 crore from Rs.19,251.79 crore in the corresponding period of last fiscal.
The company’s scrip at the Bombay Stock Exchange (BSE) gained by 1.07 percent on Thursday and stood at Rs.227 from its previous close of Rs.224.60 per equity share.
The company gave a cautious outlook stating that the business environment stays challenging in the short term, while the prospects in urban infra, transportation infra, power transmission, water, renewable energy an defence manufacturing remain promising in the medium term.
Business
Apple is giving a huge discount on its gadgets: Details inside
If you want to buy an iPhone and were waiting for a nice offer, then we have a piece of good news for you! Amazon Summer Sale May 2022 has begun and they are offering major discounts on various smartphones, laptops, and smart TVs, among others.
The sale is live now on the e-commerce platform with no-cost EMI options and exchange discounts on various products. In addition to this, Amazon has also partnered with several banks including ICICI, Kotak Bank, and RBL so that customers get instant discounts of up to 10% using their cards and EMI transactions.
Customers can easily enjoy this summer sale and get massive discounts on iPhones. They can also compare prices on Flipkart Big Saving Days Sale 2022 before making a purchase.
Amazon Summer Sale May 2022: Discount offer on iPhone 13
Apple’s coveted phone model iPhone 13 in the 128 GB storage model will be available during the Amazon Summer Sale May 2022 for Rs 64,900. The MRP of the phone is Rs 79,900. This means that the customers will be able to enjoy a discount of up to Rs 15,000 on the purchase of the iPhone 13.
If you have an old iPhone in working condition then you will also be eligible to receive another additional discount worth up to Rs 17,000 on the iPhone 13.
Buy at Rs. 64,900 (MRP – Rs. 79,900)
Features of Apple iPhone 13
The iPhone is powered by an A15 Bionic processor with 6 core CPU. Apart from this, it has 16 core neural engines. With the iPhone 13, up to 512 GB of storage will be available. The iPhone 13 has a 6.1-inch Retina XDR display with 1000 nits brightness.
The iPhone 13 has a 12-megapixel dual rear camera setup. This time a new wide-angle camera has been given, whose aperture is f/1.6. With this, there is support for sensor optical stabilisation. Night mode has been made better than before. The second lens is also 12 megapixels ultra-wide and has an aperture of f/2.4.