The company had reported a net profit of Rs 25.91 crore in the corresponding quarter a year ago
Net sales fell to Rs 981.6 crore
The online grocer saw employee costs grow three and half times to Rs 91.23 cr in fiscal 2016
The company had posted a net profit of Rs 2,503.76 crore during the same period last fiscal
L&T has a heavy exposure to migrant labour force, which is paid in cash
The revenue performance was in line with analyst estimates
Company expects revenues from IT services business in range of $1,922 mn-$1,941 mn for March quarter
Total income rose to Rs 7,670 cr during the quarter, from Rs 6,950 cr a year ago
Domestic sales remained more or less flat during the quarter at Rs 319 cr
The company said that Q3 has been quite challenging due to the steep increase in material cost
Expenses up 18% at Rs 2,173 crore, total income from operations up 15% to Rs 2,335 crore
Net down 55% y-o-y, the biggest decline in 16 quarters; revenue down 3%
Achieved on the back of higher interest income
Performance best among top IT firms
Total expenses during the quarter went up 1.62% to Rs 585.07 crore
Company's consolidated net profit was at Rs 212 crore in the year-ago
The picture incidentally was no different for Asian Paints, country's largest decorative paints co
Its net profit stood at Rs 54.54 crore in Oct-Dec period of the Previous FY
The company's stock on Monday closed at Rs 347.55 a unit, down 1.6% from previous close, on BSE
Company had posted a net profit of Rs 50.15 crore for the corresponding period of the previous FY