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L&T BEATS STREET ESTIMATES, NET PROFIT JUMPS 44% (to Rs1,438 crore during Jan-Mar 2010 compared to Rs999 crore in Jan-Mar 2009).

India Business Insight

| May 31, 2010 | COPYRIGHT 2001 Silverline Information Systems Pvt. Ltd. (Hide copyright information)Copyright

Larsen & Toubro Ltd (L&T)'s standalone net profit jumped by 44 percent to Rs1,438 crore during Jan-Mar 2010 compared to Rs999 crore in Jan-Mar 2009. The company's revenue rose by 28 percent to Rs13,585 crore (Rs10,605 crore).

L&T's earnings before interest, taxes, depreciation and amortisation (EBITDA) jumped by …

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