Larsen & Toubro (L&T) has announced its third quarter results of FY10. The company's Q3 adjusted PAT (profit after tax) was up 15.21% to Rs 696 crore versus Rs 604.1 crore during the year-ago quarter.
Net sales for the company were down 6% at Rs 8,071 crore versus Rs 8,594 crore.
The company's Q3 numbers were below market expectation. L&T also cut down on its projected FY10 growth estimate, or guidance, to 10% from 15% earlier.
It, however, re-iterated that order inflow for the full-year was still seen over 30%.
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