manufacturing

India’s manufacturing growth hits five-month high in February on strong demand | Top Vip News

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[ad_1] Growth in India’s manufacturing sector hit a five-month high in February amid a sharper rebound in factory output and sales, supported by both domestic and external demand, a monthly survey showed on Friday. The seasonally adjusted HSBC India Manufacturing Purchasing Managers’ Index (PMI) rose from 56.5 in January to 56.9 in February, pointing to … Read more

Profit increased by 17.24% after execution in projects and manufacturing segments | Top Vip News

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[ad_1] Larsen & Toubro Ltd.’s profit in the third quarter increased thanks to strong order intake and project execution. Net profit of India’s largest capital goods company rose 17.24% year-on-year to Rs 3,594.51 crore in the quarter ended December, according to an exchange filing. That compares with the analyst consensus estimate tracked by Bloomberg of … Read more