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L&T net profit rises 15% to Rs 2,947 crore in Q3

New Delhi: Infrastructure major Larsen & Toubro (L&T) surged 15% on Tuesday consolidated Profit after tax in December quarter stood at Rs 2,947 crore due to higher income. The company had posted a consolidated to Pat It was Rs 2,553 crore in the year-ago period.
The company’s consolidated income in the October-December period rose to Rs 55,966 crore from Rs 47,145 crore in the year-ago period, L&T said in an exchange filing.
L&T Chairman and Managing Director SN Subramanian said the company has recorded another strong quarter of performance despite the headwinds of a volatile global environment. agencies



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