Larsen & Toubro has posted an increase in net profit for the period Q1 (ending Jun 2011) of the current fiscal (FY12). During the said quarter, net profit rises 12.01% to Rs 746 crore in comparison to Rs 666 crore of Q1 (ending Jun 2011) of previous year(FY11). Larsen & Toubro Limited is an engineering and construction major company. It is among the largest and most reputed companies in India’s private sector.
The company informed the share market (BSE/NSE) that the total income/net sales increased 21.52% to Rs 9,779 crore in quarter ended Jun 2011 when compared with the last years same quarter ended Jun 2010 which was Rs 8,047 crore.
The company received new orders to the tune of Rs 161.90 billion during the quarter with most orders coming from infrastructure, power generation, mineral and metals and hydrocarbon sectors, L&T said in a statement.
Share’s Data :-
BSE Code : 500510
Mkt. Cap: Rs 100,235.20 Crores
Larsen & Toubro Ltd. share’s CMP is Rs 1,643.20 on 12th Aug 2011.
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