Applied Materials quarterly profit jumps 83.2 pct

Aug 17 (Reuters) - Applied Materials Inc, the world's largest supplier of tools used to make semiconductors, reported an 83.2 percent rise in quarterly profit, helped by strength in its display and semiconductor businesses.

Net income rose to $925 million, or 85 cents per share, in the third quarter ended July 30, from $505 million, or 46 cents per share, a year earlier.

Net sales rose to $3.74 billion from $2.82 billion. (Reporting by Laharee Chatterjee; Editing by Shounak Dasgupta)