JOIN USThe company had a net profit of Rs 966.76 crore in the same quarter ended March 2008, L&T said in a filing to the Bombay Stock Exchange.
Total income of the company rose to Rs 10,605.16 crore in the quarter ended March 2009, from Rs 8,555.59 crore in the corresponding period ended March 2008.
"Despite the slowdown witnessed in the Indian capital goods and infrastructure sectors during the later part of the year, the company was able to bag fresh orders totaling to Rs 516.21 crore, reflecting a growth (rate) of 23 per cent over the previous period," the filing added.
In the year ended March 31, the company posted a consolidated net profit of Rs 3,789.46 crore, up 62.96 per cent from Rs 2,325.36 crore in the same period previous fiscal.
The board of directors of the company has declared a dividend of Rs 10.50 a piece for 2008.
Shares of Larsen & Toubro were trading at Rs 1,362.85, up 3.92 per cent on the BSE.