L&T’s Q3 Profit Dips Despite 53% Surge In Orders, Rising Costs Squeeze Margins
The company's EBITDA margin declined by 70 basis points to 9.7 per cent in Q3FY25 from 10.4 per cent a year ago. This decline was primarily due to a sharp rise in costs.
Jan 30, 2025, 20:16 PM IST
Harnessing Renewable Power: Floating Solar Power by a Giant
The Omkareshwar Floating Solar Power Plant, part of a 600 MW floating solar park on the Narmada River, is India’s largest initiative in floating solar energy.
Jan 30, 2025, 00:05 AM IST
‘How Long Can You Stare At Your Wife?’: L&T Chairman Proposes Employees To Work On Sundays, Sparks Outrage– WATCH
An undated video of L&T Chairman SN Subrahmanyan, circulating on Reddit, has stirred controversy.
Jan 09, 2025, 18:55 PM IST
Larsen & Toubro Shares Climb Nearly 3% After Earnings Announcement
The stock rallied 2.94 per cent to settle at Rs 3,623 on the BSE. During the day, it jumped 3.15 per cent to Rs 3,630.55.
Jul 25, 2024, 17:19 PM IST
Larsen & Toubro Net Profit Jumps 12 Per Cent To Rs 2,786 Crore In April-June Quarter
The consolidated order book of the group as of June 30, 2024, at Rs 490,881 crore, registers growth of 3 per cent over March 2024 and 19 per cent y-o-y, with the share of international orders at 38 per cent.
Jul 24, 2024, 19:41 PM IST
Larsen & Toubro Divests Entire Stake In L&T Infrastructure Development Projects
Both L&T (51 per cent) and CPP Investments (49 per cent) stakes have been acquired by Epic Concesiones Private Limited, an investee company of Edelweiss Infrastructure Yield Plus Strategy, managed by Edelweiss Alternative Asset Advisors Limited (EAAA).
Apr 11, 2024, 12:00 PM IST
A Construction So Strong! Ayodhya Ram Janmabhoomi Mandir Built To Last A 1000 Years
Ayodhya Ram temple is made up of 390 pillars in total, six of which are made of Makrana marble and are adorned with elaborate carvings that depict over 10,000 idols and themes on each floor.
Jan 22, 2024, 14:57 PM IST
This Charismatic CEO Of Larsen & Toubro Worked For 15 Hours A Day Without Taking Leave In 21 Years - The Tale Of Anil Manibhai Naik's Journey From Humble Beginnings To Corporate Titan
The Incredible Success Story Of L&T's CEO: Anil Manibhai Naik's transformative journey continues to inspire, standing as a beacon of hope for those striving for excellence in both their professional and philanthropic pursuits.
Aug 22, 2023, 17:25 PM IST
COVID-19: L&T Group chairman, directors take voluntary salary cut of up to 53%
L&T Chief Executive Officer & Managing Director S N Subrahmanyan took home Rs 27.17 crore for 2019-20, showing a pay cut of 43.91 per cent.
Jul 21, 2020, 18:06 PM IST
Global trade barriers creating opportunities for India: Larsen & Toubro
On expectations from the upcoming Union Budget, L&T's Whole Time Director and CFO R Shankar Raman said the government does not have enough resources to meet its plans for public spending.
Jan 23, 2020, 19:21 PM IST
Mindtree names former Cognizant executive Debashis Chatterjee as CEO
Mindtree has appointed named SN Subrahmanyan, CEO of Larsen & Toubro Ltd (L&T), as its non-executive vice chairman.
Aug 02, 2019, 14:33 PM IST
Mindtree scraps share buyback plan after L&T open offer
Mindtree would also form a committee of independent directors to evaluate L&T`s offer, it said in a statement.
Mar 26, 2019, 18:02 PM IST
Two MindTree co-founders voice concerns over L&T's takeover plans
MindTree was co-founded by -- Krishnakumar Natarajan, Rostow Ravanan, Subroto Bagchi and N S Parthasarathy.
Mar 19, 2019, 12:03 PM IST
L&T makes Rs 10,800 crore takeover bid of Mindtree
This would be the first hostile takeover bid in the country's IT sector.
Mar 18, 2019, 12:36 PM IST
L&T board approves Rs 9,000-crore buyback plan
The buyback price is at over 13 percent premium to Tuesday's closing price of Rs 1,322.15 per share.
Aug 23, 2018, 12:48 PM IST
L&T sells electrical, automation biz to French major Schneider for Rs 14,000 crore
The E&A business had net revenue of Rs 5,038 crore in the financial year to March 2017.
May 01, 2018, 17:35 PM IST
L&T's Hyderabad Metro project delay ups cost by over 30%
The cost escalation is to the tune of over Rs 4,600 crore.
Nov 26, 2017, 20:11 PM IST
L&T Infotech bags $100 million contract to help pin down tax evaders
Terming the work awarded by the Central Board of Direct Taxes as a "high volume digital deal", he elaborated that the project involves creating a 'semantic web' where web pages are structured and tagged in such a way that can be directly read by the computers.
Oct 01, 2017, 14:06 PM IST
L&T Construction bags orders worth Rs 2,170 crore
L&T Construction has bagged orders worth Rs 2,170 crore across business segments, the company said in a BSE filing.
Sep 27, 2017, 16:20 PM IST
L&T bags Rs 1,700 crore crude oil pipeline contract in Kuwait
The project is scheduled to be completed in the third quarter of 2020.
Sep 20, 2017, 12:54 PM IST