L&T net profit rises 19% to ₹1,035 crore 
The net profit of engineering and construction major Larsen and Toubro Ltd (L&T) for the quarter ended December rose 19.42% year-on-year to ₹1,035 crore. Net sales for the quarter also rose 7.62% to ₹25,387 crore. The rise in profits was attributed to the enhanced execution of overseas projects. Further, order inflow for the quarter also rose 11% to ₹38,528 crore. 