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Larsen & Toubro Q1 profit after tax surges 15 pc

By Samyuktha

Mumbai, Jul 27: For the quarter ended Jun 30, 2010, Larsen and Toubro (L&T) has reported a robust 15 per cent surge in its Profits After Tax (PAT) in a Year on Year basis (YoY).

In the first quarter (Q1) of 2010-11, L&T's profit after tax went up to 666 crore from the 578 crore reported in the Q1 of 2009-2010, accounting for a 15 per cent surge.

In a statement released on Tuesday, Jul 27, the company also reported a healthy order inflow with orders worth 15626 crore, registering a growth of 63 per cent compared to the corresponding quarter of 2009.

The company"s Order Book stood at 107816 crore as on Jun 30, 2010, while the Gross Customer Sales for the quarter stood at 7913 crore, recording a annual growth of 6.5 per cent, L&T added.

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