Larsen & Toubro on Thursday reported a three-fold jump in its net profit at Rs 1,598.20 crore for the quarter ended June 30, 2009, over the same period last year.
The company had a net profit of Rs 502.44 crore in the same period ended June 2008, Larsen & Toubro (L&T) said in a filing to the Bombay Stock Exchange.
The quarter includes exceptional gains of Rs 1,019.88 crore on sale of the company's long term investment in Ultra Tech Cement, the filing added.
Total income rose to Rs 7,408.29 crore during the current quarter, against Rs 6,941.87 crore in the same quarter previous year.
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