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Latest Articles in Larsen Toubro

L&T’s Consolidated Net Profit Surges 46.5% To Rs 2,493 Cr In Q1

The company's infrastructure projects, its biggest segment, logged orders worth Rs 40,051 crore, with international orders contributing 35 per cent, up from Rs 18,343 crore last year

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L&T Gets Contract For Its Hydrocarbon Business

The scope of work comprises engineering, procurement, construction, and installation for new offshore structures

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L&T Posts 10% Profit In Q4, Outperforms Forecast

L&T's consolidated net profit rose 10.1 per cent to Rs 3,987 crore in the quarter ended 31 March from a year earlier

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L&T Issues NCDs Worth Rs 2,000 Cr On Tuesday

These NCDs are worth Rs 1 lakh each aggregating to Rs 2,000 crore and will mature on 28 April 2028

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L&T Inks Agreement With McPhy Of France For Electrolyser Technology

Under the agreement, McPhy will give L&T an exclusive license to its pressurised alkaline electrolyser technology for the manufacture of electrolysers, including future product upgrades, as part of this collaboration

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L&T Constructs 7-storey Facility For DRDO In Record 45 Days

The facility was inaugurated on March 17, 2022, by Minister of Defence, Rajnath Singh in the august presence of Basavaraj Bommai, Chief Minister of Karnataka, Dr G. Satheesh Reddy, Secretary Department of Defence R&D & Chairman, DRDO and other dignitaries

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L&T, Microsoft Sign Pact To Develop Regulated Sector-focused Cloud Offering

L&T and Microsoft India signed of a pact to develop a regulated sector-focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services.

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L&T Wins Prestigious Contracts

The scope of work comprises EPC for new facilities and integration with existing installations.

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L&T Commissions Expansion Project Of Utkal Alumina Refinery

L&T MMH has executed this project in a time-bound manner ensuring the most critical process units of the refinery are ready.

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L&T Signs Agreement To Divest Singoli-Bhatwari Hydroelectric Project

The transaction is subject to completion of customary closing conditions and closing is expected to take place before 30th September 2021.

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Larsen & Toubro Posts Over Two-Fold Jump In Q1 Profit At Rs 1,531 Cr

The consolidated order book of the group stood at Rs 3,23,721 crore as on June 30, 2021, with international orders at 20 per cent of the total book.

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Larsen & Toubro Infotech Completes Acquisition Of Cuelogic Technologies

Cuelogic is now a wholly owned subsidiary of the company and Cuelogic Technologies Inc., US, is now a wholly owned step-down subsidiary of the company, LTI said in a regulatory filing.

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L&T Announces Financial, Insurance Assistance To Employees, Family Members Affected By COVID-19

The policy provides a lump sum payment of 100 per cent sum insured -- Rs 35 lakhs -- in the event of death of an employee arising out of COVID-19, whether in hospital or whilst at home quarantine or institutional or hotel quarantine.

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Larsen & Toubro Q4 Profit Up 11 % At Rs 3,820 Cr

Income of the company during January-March period increased to Rs 49,116.16 crore from Rs 44,905.76 crore in the year-ago period

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Engineering Success

Revenue from the hydrocarbon business, which contributed 11 per cent to total revenue, grew 15.1 per cent year-on-year to Rs 4,979.2 crore and EBIT jumped 30 per cent to Rs 502.3 crore.

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