Tuesday, May 17, 2011

MVL Ltd, L&T Update

Net profit of MVL rose 104.08% to Rs 6.51 crore in the quarter ended March 2011 as against Rs 3.19 crore during the previous quarter ended March 2010. Sales rose 74.28% to Rs 56.71 crore in the quarter ended March 2011 as against Rs 32.54 crore during the previous quarter ended March 2010.

Engineering and construction major Larsen & Toubro has received an order over Rs 3,500 crore from Chennai-based PPN Power Generating Company.

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