(Corrects currency to U.S. dollars from pounds in second paragraph)
June 19 (Reuters) - Ferguson Plc, the world’s largest distributor of plumbing and heating products, on Tuesday posted a 17.1 percent rise in quarterly profit, helped by solid demand from U.S. residential markets.
The company said profit rose to $356 million in the three months ended April 30 from $304 million, a year earlier.
The company said the current quarter had started well with organic revenue growth in line with the third quarter. (Reporting by Arathy S Nair in Bengaluru; Editing by Bernard Orr)