India's largest engineering firm Larsen & Toubro Ltd. (L&T) has announced its quarter 3 (Q3) results today. The company has reported a net profit of Rs.840.6 crore in Q3FY11 as against Rs.768.8 crore in same period of previous year, a growth of 9.34%. Also, the company earned one time gain of Rs 35 crore. Strong growth in revenues which was reported a surge of 40.52% to Rs.11,413 crore against ... [Continue Reading]
L&T NET PROFIT JUMPED 31%, ON STRONG EARNINGS
India's largest publicly held company, L&T has declared its Q2 (second quarter) results today. The company seen strong growth with Q2 net profit jumping 31% at Rs.765 crore vs Rs.580 crore. Also, its net sales were at Rs 9,261 crore versus Rs 7,918.8 crore last quarter. Its income from other sources (Satyam stake sale) was also up at Rs 382 crore versus Rs 212 crore earlier. Company's operating ... [Continue Reading]