Page 4 - Larsen & Toubro (l&t)
L&T Q2 results: Profit rises 5% to Rs 3,395 crore on higher income
Infrastructure major Larsen and Toubro (L&T) on Wednesday posted a 5 per cent rise in consolidated profit after tax to Rs 3,395 crore in the September 2024 quarter on account of higher income. The company's consolidated profit after tax stood at Rs 3,223 crore in the year-ago period, L&T said in a regulatory filing. "The company for the quarter ended September 30, 2024, posted a consolidated Profit After Tax (PAT) of Rs 3,395 crore, registering a growth of five per cent compared to the corresponding quarter of the previous year," the filing said. During the period under review, its consolidated income rose to Rs 62,655.85 crore from Rs 52,157.02 crore in the year-ago period. Its expenses in the September quarter increased to Rs 57,100.76 crore against Rs 47,165.95 crore a year ago. "We have delivered yet another quarter of strong financial performance despite the continuing global macro economic volatility. The projects and manufacturing businesses of the company continue to ..
 "L&T Q2 results: Profit rises 5% to Rs 3,395 crore on higher income")
L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid
The orders are estimated to be valued between Rs 5,000 crore and Rs 10,000 crore
 "L&T wins 'major' orders in West Asia, Africa to expand high-voltage grid")
L&T locks key contract for world's largest nuclear fusion project in France
While the exact worth of the deal was not disclosed but the order was marked as 'significant', which the L&T uses to describe orders valued between Rs 1,000 crore and Rs 2,500 crore
Employee grievances at India's top companies up 30% in FY24, shows data
BSE50 companies reported 8,468 complaints
 "Employee grievances at India's top companies up 30% in FY24, shows data")
L&T's first electrolyser factory to start commercial operations soon
L&T is developing these electrolysers in partnership with French company McPhy and has set up this factory at its Hazira facility
Larsen & Toubro unit wins major energy management projects in South India
L&T DES will implement these Energy Management Systems across Andhra Pradesh, Kerala, Puducherry, Tamil Nadu, and Telangana
 "Larsen & Toubro unit wins major energy management projects in South India")
L&T wins Rs 10K-15K cr power transmission, distribution orders in West Asia
As of June, L&T had an outstanding order book of Rs 4.90 trillion, of which 35 per cent was from West Asia
L&T acquires 12.25% stake worth Rs 12.5 crore in quality management firm
Engineering and construction giant Larsen & Toubro has acquired 12.5 million equity shares in not-for-profit company Indian Foundation for Quality Management
Whistleblower complaints at Indian companies up 8% to 1,074 in FY24
Of the BSE-50 companies, two-year data of whistle-blower complaints were available for 14 companies
 "Whistleblower complaints at Indian companies up 8% to 1,074 in FY24")
Industrials, energy conglomerates see double-digit churn in human capital
Flagship entities of groups such as L&T, Vedanta, Grasim & Adani reported double-digit employee turnover in FY24
 "Industrials, energy conglomerates see double-digit churn in human capital")
Sensex, Nifty end flat after see-saw trade; L&T stock rises over 2%
After hitting an intraday high of 24,999.75, the 50-share blue chip company index closed at 24,836, up 1.25 points over its previous close
 "Sensex, Nifty end flat after see-saw trade; L&T stock rises over 2%")
L&T Q1FY25 results: Net profit rises 11.7% to Rs 2,786 cr on higher revenue
The company beat street estimates as in a Bloomberg poll, 13 analysts estimated revenue of Rs 53,600 crore and seven analysts estimated a net income adjusted of Rs 2,639 crore
Tax a fundamental issue: L&T CFO Raman on retaining labour in India
"The biggest differentiator is the tax-free income there versus growing tax here," said R Shankar Raman, chief financial officer and whole-time director for L&T
 "Tax a fundamental issue: L&T CFO Raman on retaining labour in India")
RVNL, Angel One, Dixon, ITC, SBI: Strategies for Budget 2024 stocks
Stocks in focus ahead of Union Budget 2024: These 11 stocks across sectors are likely to be in focus in anticipation of measures to be announced by the finance minister Nirmala Sitharaman on Tuesday,
 "RVNL, Angel One, Dixon, ITC, SBI: Strategies for Budget 2024 stocks")
L&T brass puts shareholders at ease on infrastructure, labour woes
L&T also made headlines last month over the chairman's public comment that the company was facing a shortage of about 30,000 workers
 "L&T brass puts shareholders at ease on infrastructure, labour woes")
L&T share price gains after bagging large offshore order from ONGC
Shares of Larsen and Toubro (L&T) soared 2.3 per cent at Rs 3716.80 per share on the BSE in Thursday's intraday trade
 "L&T share price gains after bagging large offshore order from ONGC")
India summer temperature hits 50 degrees: 5 cool stocks for your portfolio
Infra stocks such as - Larsen & Toubro, Adani Ports, BPCL, Ashok Leyland and Container Corporation of India can rally up to 17 per cent, technical charts suggests.
 "India summer temperature hits 50 degrees: 5 cool stocks for your portfolio")
L&T stock remains on analysts' hotlist despite guidance worries
The company has cut its margin guidance due to higher share of fixed-price contracts, supply chain issues, and geopolitical uncertainties
 "L&T stock remains on analysts' hotlist despite guidance worries")
L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates
Revenue for L&T also rises 15 per cent year-on-year (YoY) to Rs 67,079 crore
 "L&T Q4 results: Profit rises 10% to Rs 4,396 crore, beats estimates")
L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%
The company board has recommended a final dividend of Rs 28 per equity share. Shares of the company closed trading at Rs 3,485.2 on the BSE ahead of the company's Q4 results
 "L&T Q4 results: Net profit rises 10% to Rs 4,396 cr, revenue up 15%")
