Larsen & Toubro has reported results for first quarter ended June 30, 2012.
On the standalone basis, the company has posted a rise of 15.75% in its net profit at Rs 863.65 crore for the quarter ended June 30, 2012 as compared to Rs 746.15 crore for the same quarter in the previous year. Total income has increased by 28.81% at Rs 12561.19 crore for quarter under review as compared to Rs 9751.80 crore for the quarter ended June 30, 2011.
L&T Construction is the largest construction organization in the country. It figures among the World’s 77th Top Contractors and ranks 29th in global ranking as per the survey conducted by the reputed international construction magazine Engineering News Record, USA (August 2010).