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L&T Q4 PAT rises 3% YoY to Rs 3,293 cr | Business Standard News


Larsen & Toubro (L&T) reported 3% rise in consolidated net profit to Rs 3,293 crore on 9% increase in revenues to Rs 48,088 crore in Q4 FY21 over Q4 FY20.
The company s revenues registered a sequential growth of 35%, as execution activities normalized on easing of COVID-19 restrictions, prior to onset of the 2nd wave of the pandemic. The International revenues during the quarter at Rs 15,851 crore constituted 33% of the total revenue.
The order inflow for the quarter January-March 2021 at Rs 50,651 crore, lower by 12% over corresponding period of the previous year with deferment of awards. International orders at Rs 18,439 crore during the quarter is at 36% of the total order inflow, with receipt of biggest Solar PV plant order and transmission line orders. ....

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PS5 Users Are Playing More and Buying More Than PS4 Early Adopters


PS5 Users Are Playing More and Buying More Than PS4 Early Adopters
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Contrary to common opinion, there aren’t a million PlayStation 5 consoles sitting in scalpers’ warehouses: the system is outperforming the PS4 when launch aligned despite unprecedented demand leading to stock shortages. Need some proof? Well, according to Wired, owners have logged an outrageous 81 per cent more playtime on the next-gen console than was achieved on PS4 during the same post-launch period.
There are a few contributing factors, of course: a global pandemic means people have been spending more time at home than ever before. Furthermore, backwards compatibility means the transition from PS4 to PS5 is much easier than the one from PS3 to PS4; at this point in the lifecycle last generation, we were still playing titles like Dark Souls 2 and Gran Turismo 6 on our creaky old PS3 systems. ....

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Sony to Offer Gran Turismo Goodies as Part of PlayStation Days of Play

While Gran Turismo 7 won’t see the daylight anytime soon, as its official launch has already been pushed back to 2022 due to the global health crisis, Sony is at least giving fans of the franchise a different way to show their love for the game. ....

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