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L&T bags 'major' projects in Middle East, Africa to expand electricity grids

L&T bags 'major' projects in Middle East, Africa to expand electricity grids

Wed, Oct 30, 2024

One of the orders bagged by the company is in consortium with a leading original equipment manufacturer to build the new National System Control Centre for Kenya.

Larsen & Toubro secures significant order for design, construction of Agra Metro

Larsen & Toubro secures significant order for design, construction of Agra Metro

Wed, Oct 16, 2024

The company Larsen & Toubro has "secured an order from Uttar Pradesh Metro Rail Corporation Ltd (UPMRCL) for the design and construction of Agra Metro Phase 1, Line-2," the filing said.

From Mankind Pharma to Kalyan Jewellers: Stocks to buy for good returns in 1 year - Check targets

From Mankind Pharma to Kalyan Jewellers: Stocks to buy for good returns in 1 year - Check targets

Thu, Aug 22, 2024

Stocks to buy for good returns in 1 year: The stock market has been trading in a range for the past few sessions. There are strong signals from foreign markets and the US markets have strengthened of late.

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Larsen & Toubro's Q4FY17 net profit rises by 30%; declares free shares

Larsen & Toubro's Q4FY17 net profit rises by 30%; declares free shares

Mon, May 29, 2017

L&T posted net profit of Rs 3,025 crore, rising by 29.5% compared to Rs 2,335 crore in the corresponding period of the previous year.

Govt gives green signal to Rs 20,000 crore worth mega naval project

Govt gives green signal to Rs 20,000 crore worth mega naval project

Mon, May 22, 2017

Three private sector companies -- Reliance Defence and Engineering Limited (RDEL), Larsen & Toubro (L&T) and ABG Shipyard -- were in race initially for the mega project but ABG was disqualified on account of poor financial health.

L&T Construction bags order worth Rs 2,903 crore for redevelopment of Mumbai's BDD Chawls

L&T Construction bags order worth Rs 2,903 crore for redevelopment of Mumbai's BDD Chawls

Tue, Mar 28, 2017

L&T Construction has announced on Tuesday of bagging a major design and build order worth Rs 2,903 crore to redevelop Mumbai's century-old BDD Chawls.

More layoffs likely as India's manufacturing sales shrink

More layoffs likely as India's manufacturing sales shrink

Mon, Feb 27, 2017

In November 2014, just weeks after Prime Minister Narendra Modi launched his Make-in-India campaign, Nokia shut its factory in Chennai, rendering 6,600 full-time workers jobless.

Larsen &Toubro expects pick up in oil sector orders in 2 years

Larsen &Toubro expects pick up in oil sector orders in 2 years

Sun, Feb 26, 2017

"The markets, both domestic and international, are stabilising and we expect them to improve over the period. The oil prices are stabilising so we expect the orders from the international market to pick up," L&T Hydrocarbon Engineering CEO and Managing Director Subramanian Sarma told PTI.

Larsen & Toubro bags contract from Indian Oil Corp for Rs 1100 crore

Larsen & Toubro bags contract from Indian Oil Corp for Rs 1100 crore

Sat, Feb 25, 2017

In a BSE filing, L&T said, "L&T Hydrocarbon Engineering has bagged an onshore EPC contract from IOC worth around Rs 1100 crore for setting up a 0.740 mmtpa fluidised cracking unit (FCC) including LPG treatment facility at their Bongaigaon Refinery, Assam."

L&T ties up with Europe's MBDA to develop missile system

L&T ties up with Europe's MBDA to develop missile system

Mon, Feb 13, 2017

A M Naik, the Group Executive Chairman of L&T commented: “We have been trusted partners to DRDO and the Indian Navy, delivering complete weapon systems and platforms, command control and sensor systems, designed, developed and manufactured in India for over three decades.

BSNL cuts call rates further; plans Wifi upgrade

BSNL cuts call rates further; plans Wifi upgrade

Wed, Feb 08, 2017

To strengthen its data services, BSNL has awarded Larsen & Toubro with Rs 1000 crore contract for setting up more than 35,000 public Wi-Fi hotspots by March 2018.

Results in-line, CLSA says on L&T Q3; shares gain

Results in-line, CLSA says on L&T Q3; shares gain

Mon, Jan 30, 2017

A CLSA report stated that L&T's profit after tax (PAT) was in-line but was much better in quality. "Also, the company's margin was so good that even after provisions of Rs 370 crore it delivered PAT growth of 39% YoY. Inflow (-8%) and execution (+1.4%) were disappointing," CLSA said.

L&T Q3 net up 39% at Rs 972 crore, company says note ban 'a disruptor'

L&T Q3 net up 39% at Rs 972 crore, company says note ban 'a disruptor'

Sat, Jan 28, 2017

Larsen & Toubro (L&T), which today reported a 38.85 % jump in its consolidated net profit at Rs 972 crore for the December quarter, said the government's "cashless economy" efforts have caused "disruption" and its impact on business is yet to be assessed.

Larsen & Toubro lays off 14,000 employees during April-September

Larsen & Toubro lays off 14,000 employees during April-September

Wed, Nov 23, 2016

L&T recently announced its five-year strategy to scale up revenues to Rs 2 lakh crore.

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