Mumbai : Engineering major Larsen & Toubro (L&T) on Saturday reported a surge of 16.59 per cent in its standalone net profit for the third quarter (Q3) of 2016-17.

According to the company, the standalone net profit grew to Rs 934.18 crore in the quarter ended December 31, 2016 as compared to Rs 801.27 crore in the same period last year.

The company's total income from operations (net) rose by 0.49 per cent to Rs 15,946.20 crore during the quarter under review.-Agency