L&T Q2 net up 26 per cent

Net sales rose to Rs 78.66 billion from 76.82 billion.

A Reuters poll of 10 brokerages had forecast net profit of Rs 5.81 billion,on net sales of 88.7 billion.

Shares in the company,valued at $21.7 billion,have doubled so far in 2009,outperforming the benchmark index that has risen nearly 76 per cent in the same period.