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Larsen & Toubro standalone net profit declines 57.26% in the September 2017 quarter

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Capital Market

Sales rise 8.85% to Rs 15859.84 crore

Net profit of Larsen & Toubro declined 57.26% to Rs 1161.91 crore in the quarter ended September 2017 as against Rs 2718.74 crore during the previous quarter ended September 2016. Sales rose 8.85% to Rs 15859.84 crore in the quarter ended September 2017 as against Rs 14569.93 crore during the previous quarter ended September 2016. ParticularsQuarter EndedSep. 2017Sep. 2016% Var.Sales15859.8414569.93 9 OPM %8.257.47 -PBDT1602.291372.77 17 PBT1342.911099.84 22 NP1161.912718.74 -57

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First Published: Nov 11 2017 | 5:31 PM IST

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