L&T Q1 profit rises 14% YoY
Larsen & Toubro (L&T) has reported a 13.8% year-on-year (YoY) rise in consolidated net profit at Rs.1,213 crore. Profit for the same period last year was Rs.1,065.54...
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BEML inks MoU with L&T
BEML has signed a memorandum of understanding (MoU), with Larsen & Toubro (L&T). The MoU is to jointly capitalize on the emerging opportunities in the domestic and...
L&T reports 4.7% YoY rise in Q4 profit at Rs.3,167 crore
L&T has reported a 4.69% rise in net profit at Rs.3,167 crore, for the quarter ended March 31,2018. The company in the corresponding period last...
L&T secures orders worth Rs.4,033 crore
Larsen & Toubro’s (L&T) buildings & factories business has secured orders worth Rs.4,033 crore. The company in its filing to exchanges stated, “Buildings & factories IC...
L&T to sell electrical and automation business for Rs.14,000 crore
Larsen & Toubro (L&T) has entered into a definitive agreement to divest in its electrical and automation business for Rs.14,000 crore, to Schneider Electric. The deal covers all segments of...
L&T’s construction arm bags order worth Rs.2,864 crore
Larsen & Toubro’s (L&T) construction arm, has bagged an order worth Rs.2,864 crore for Eastern Dedicated Freight Corridor, from the Dedicated Freight Corridor Corporation of India Ltd...
L&T construction arm receives order worth Rs.2,597 crore
Larsen & Toubro’s (L&T) construction arm has bagged orders worth Rs.2,597 crore, across business segments. In a BSE filing the company stated that, its transportation...
L&T Finance raises Rs.2,000 crore from L&T
L&T Finance Holdings has raised approx Rs.2,000 crore, via preferential allotment of shares to its promoter L&T. In a BSE filing L&T Finance Holdings stated, “The...
L&T to divest up to 2% stake in L&T Technology Services
Larsen & Toubro (L&T) will divest up to 20.49 lakh shares in L&T Technology Services, with a view to comply with the minimum public shareholding rules....
L&T’s construction arm wins orders worth Rs.1,585 crore
Larsen & Toubro’s (L&T) construction arm has won orders worth Rs.1,585 crore, across various business segments. In a filing the company said, “Transportation infrastructure business has...