Larsen & Toubro has posted a 50.10 per cent decline in net profit after (PAT) tax at Rs 758.82 crore for the quarter ended December 31, 2009 as compared to Rs 1,520.44 crore in the quarter ended December 31, 2008.
Total Income has decreased from Rs 8,924.32 crore for the quarter ended December 31, 2008 to Rs 8355.75 crore for the quarter ended December 31, 2009.
Its net sales are down 6 per cent to Rs 8,071 crore as against Rs 8,594 crore.
The stock has declined 4.61 per cent to Rs 1,561 at 1332 hrs at BSE.
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