Larsen & Toubro has reported results for first quarter ended June 30, 2013.
On standalone basis, the company has posted a fall of 12.46% in its net profit at Rs 756.03 crore for the quarter ended June 30, 2013 as compared to Rs 863.65 crore for the same quarter in the previous year. However, total income has increased by 3.69% at Rs 13027.66 crore for quarter under review as compared to Rs 12563.47 crore for the quarter ended June 30, 2012.
Larsen & Toubro is the biggest legacy of two Danish Engineers, who built a world-class organization that is professionally managed and a leader in India's engineering and construction industry. It was the business of cement that brought the young Henning Holck-Larsen and S.K. Toubro into India.