Larsen and Toubro (L&T) has reported a net profit of Rs 991 crore in the third quarter of FY12, a growth of 18% as compared to Rs 840 crore in a year ago quarter.
In an interview to CNBC-TV18, Shailesh Kanani, research analyst at Angel Broking says, the company has done very well on the execution front, but margin has taken a hit.Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
