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HOME / MUST KNOW NEWS / Detailed News

L&T Q3 net profit up by 18%

[Sharekhan] 23 Jan 2012 02:02 PM

Tags: Larsen & Toubro | L&T | Q3 Results | Total Income | Earnings

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Larsen & Toubro ( L&T) has announced the following Unaudited results for the quarter ended December 31, 2011:

The company’s net profit rose by 17.96% to Rs991.55 crore for the quarter ended December 31, 2011 as compared to Rs840.53 crore for the quarter ended December 31, 2010. Total income increased by 24.04% to Rs14447.29 crore for the quarter ended December 31, 2011from Rs11646.52 crore for the quarter ended December 31, 2010.

During the period, order inflow was at Rs17,129 crore. The nine-month order inflow from April to December was at Rs49,415 crore. The company needs an order inflow of Rs34,593 crore to meet its fourth quarter (Q4) guidance.

At 1.52 pm, L&T was trading at Rs1284.40, up by 0.83%, with a volume of 8.36 lakh shares traded on the BSE.

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