Q2 Results LIVE Updates: L&T Tech shares surge 12%; Eternal, SRF report today

L&T Tech shares are currently yp 12.1%

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Revenue At Rs 3,040 Cr Vs CNBC-TV18 Poll Of Rs 3,022.5 Cr

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Net Profit At Rs 548.2 Cr Vs CNBC-TV18 Poll Of Rs 360 Cr

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EBIT At Rs 497 Cr Vs CNBC-TV18 Poll Of Rs 483 Cr

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EBIT Margin At 16.3% Vs CNBC-TV18 Poll Of 16%

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Declares Interim Dividend Of `20/Share

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Revenue Up 3.4% At Rs 3,040 Cr Vs Rs 2,940.1 Cr (QoQ)

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Net Profit Up 53.7% At Rs 548.2 Cr Vs Rs 356.6 Cr (QoQ)

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EBIT Up 7.7% At Rs 497 Cr Vs Rs 461.3 Cr (QoQ)

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EBIT Margin At 16.3% Vs 15.7% (QoQ)

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The stock is down 12.6% at the moment reacting to its second quarter earnings.

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Net Profit Down 30% At Rs 82 Cr Vs Rs 116 Cr (YoY)

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Revenue Up 36.5% At Rs 1,058 Cr Vs Rs 775 Cr (YoY)

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EBITDA Up 1.3% At Rs 160 Cr Vs Rs 158 Cr (YoY)

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Globally, Zinc & Lead Are Well Balanced While Silver Is In Short Supply

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Geopolitical Events & Uncertainties Make It Difficult To Predict Prices On Silver & Lead

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Have Hedged 40,000 Tonne At $3,500/tonne & 36,000 Tonne At $3,700/tonne In Lead

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Have Hedged 8 Tonne At $68/tonne On…

Original source: https://www.cnbctv18.com/entertainment/