Indian construction and engineering major, Larsen & Toubro (L&T), has posted net profit for the Q3 ended December, 2011, at Rs. 992 crore as compared to Rs 841 crore in the corresponding quarter last fiscal, beating estimates.
Net sales for the third quarter stood at Rs. 13,999 crore, up 23 % from Rs. 11,396 crore in the same quarter last year.
Other income for the 3rd quarter was posted at Rs. 449 crore as compared to Rs. 251 crore in the same quarter a year ago.
L&T's gross revenue grew to Rs. 14,155 crore, a 23% increase from Rs 11,492 crore in the year-ago period.
During the period, order inflow was at Rs. 17,129 crore. The 9 month order inflow from April to December (2011) was at Rs. 49,415 crore.
The L&T needs an order inflow of Rs. 34,593 crore to meet its 4th quarter (Q4) guidance.
Net sales for the third quarter stood at Rs. 13,999 crore, up 23 % from Rs. 11,396 crore in the same quarter last year.
Other income for the 3rd quarter was posted at Rs. 449 crore as compared to Rs. 251 crore in the same quarter a year ago.
L&T's gross revenue grew to Rs. 14,155 crore, a 23% increase from Rs 11,492 crore in the year-ago period.
During the period, order inflow was at Rs. 17,129 crore. The 9 month order inflow from April to December (2011) was at Rs. 49,415 crore.
The L&T needs an order inflow of Rs. 34,593 crore to meet its 4th quarter (Q4) guidance.
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