L&T net profit grows 15% to Rs 2,947cr in Q3

NEW DELHI: Infrastructure major Larsen and Toubro (L&T) on Tuesday posted a 15% rise in consolidated profit after tax at Rs 2,947 crore in the Dec quarter on the back of higher income. The company had posted a consolidated PAT of Rs 2,553 crore in the year-ago period.
The consolidated income of the company in the Oct-Dec period increased 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 & MD S N Subrahmanyan said the company registered yet another quarter of strong performance despite headwinds from a volatile global environment. Agencies

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