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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (3581)	1/26/1999 10:05:00 PM
From: Mohan Marette	of 12475

India-Hot stock? Larson & Toubro. Net up 62%. Larsen & Toubro net up 62 per cent to Rs 635.6 million in third quarter Our Corporate Bureau in Mumbai Improved performances by the engineering and switchgear divisions fuelled a 62 per cent jump in the net profit of Larsen & Toubro (L&T) for the third quarter of 1998-99. The company's net profit during October-December stood at Rs 63.56 crore (Rs 1 crore = Rs 10 million). Net sales and income from operations jumped 42 per cent to Rs 1,789.26 crore from Rs 1,256.98 crore. .................... business-standard.com

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