L&T reports 37% rise in Q3 profit at Rs 2,042 crore, beats Street estimates

Engineering and construction major Larsen & Toubro Friday posted a 37 percent growth in its net income at Rs 2,042 crore on a robust 24 percent uptick in revenue at Rs 35,709 crore for the three months to December. At Rs 11,476 crore, its international revenue constituted 32 percent of the overall revenue, it said, adding during the quarter it secured orders worth Rs 42,233 crore at the group level.