L&T Q3 net up 29% to Rs 132 cr



World Business News | Chennai News

 

Monday, January 24, 2005 (Mumbai):


Engineering and construction giant Larsen & Toubro today posted a 29 per cent jump in its third quarter net profit.

L&T's Q3 net profit has gone up to Rs 132 crore in the December ending quarter from Rs 101 crore in the corresponding quarter in 2003-04.

The company's third quarter sales have gone up by 36 per cent to Rs 3230 crore in October-December from Rs 2375 crore in the Q3 of the previous year.

Income, EPS up

L&T's other income in Q3 is at Rs 83.5 crore which is up from Rs 43.4 crore in Q3 of 2003-04.

The company's Q3 EPS is at Rs 8.68 up from an EPS of Rs 7.29 in the December ending quarter of 2003.

On the BSE, shares of L&T were down 3 per cent



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