Larsen & Toubro PAT Up 32.47%

India’s leading EPC company Larsen and Toubro – L&T reported a rise of 32.47% in its PAT for Q2FY09 at Rs 461 crore as against Rs 348 in same quarter of last year.

Net sales stood at Rs 7682.20 crore versus Rs 5499.94 crore. The company’s E&C revenues stood at Rs 5,989.63 crore versus Rs 4,259.92 crore, Electrical & Electronics revenues stood at Rs 760.48 crore Vs Rs 671.73 crore.

Net Margins declined to 8.8% Vs 10.7% [YoY]. More details will be updated soon.