Page 3 - Larsen & Tourbo

L&T Q1FY23 results: How the company performed in the last four quarters

Larsen & Toubro has seen a steady rise in net profits over the previous four quarters

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows

Total compensation of L&T's executive directors (including Subrahmanyan) in FY22 was 120 to 670 times the median remuneration of the company's employees, data from its FY22 annual report shows

Stocks to Watch: L&T, Tata Motors, Siemens, Apollo Tyres, HCC, HP Adhesives

Stocks to Watch Today: Bandhan Bank, BoB, Eicher Motors, Escorts, REC, SBI, Tech Mahindra and UCO Bank are likely to be in focus ahead of Q4 results; Delhivery and Venus Pipes IPOs close on Friday.

Larsen & Toubro bags significant offshore projects from overseas client

Larsen & Toubro (L&T) on Thursday said its hydrocarbon business has bagged two 'significant' offshore projects from an overseas client. As per the company, a significant order is valued at Rs 1,000-2,500 crore. The scope of work comprises engineering, procurement, construction, installation and commissioning for the expansion of a marine terminal and replacement of electrical switchgear and protection equipment at existing facilities. "The hydrocarbon business of Larsen & Toubro has secured two offshore projects from a prestigious overseas client," the company said in a statement. L&T is currently executing several domestic and international offshore projects. The company is also committed to building its regional presence in geographies that it operates in by growing local skills and talent, improving procurement from local vendors, engaging commercially with local contractors on the foundation of a sustainable workload. The hydrocarbon business organised under ...

L&T Construction bags large order for buildings, factories business

Larsen & Toubro (L&T) on Tuesday said its construction arm has bagged a large order for its buildings and factories business from the Odisha government to construct clinical blocks and allied infrastructure for a hospital in Cuttack. The duration of the engineering, procurement, and construction (EPC) project is 30 months, the company said in a statement. The project involves construction of four clinical blocks comprising composite structural systems and other ancillary buildings. The facility will cover specialty departments such as neurology, nephrology, endocrinology, gastroenterology, hematology, hepatology, cardiology, surgical blocks, casualty, trauma and general surgery with a total of 2,058 beds. The scope of work includes design and execution of architecture and structurecomposite system among others.

Larsen & Toubro wins 'significant' contracts in various businesses

Larsen & Toubro (L&T) on Tuesday said its construction arm has won significant contracts including an order for the construction of a bridge on river Ganga in Bihar. The company did not specify the exact value of the contracts but as per its specification a significant contract ranges between Rs 1,000 crore and Rs 2,500 crore. "...The Heavy Civil Infrastructure business of L&T Construction has secured an EPC (engineering procurement and construction) order to construct a New Four-lane Bridge (parallel to the existing Vikramshila Setu) ... including approaches across river Ganga on the newly declared NH-131B at Bhagalpur in the state of Bihar," the company said in a statement. The project is scheduled to be completed in 48 months, it said. The company said its Water & Effluent Treatment business has bagged a design, build and operate order from Municipal Corporation, Amritsar for engineering, procurement & construction of bulk water supply system in the city of ...

L&T arm to build 2 units of Kudankulam Nuclear Power Project

The construction arm of L&T has secured an order in the range of Rs 1,000-2,500 crore to construct the Main Plant Civil Works of the Kudankulam 5 and 6 units.

L&T Heavy Engineering flags off world's heaviest LC-max reactors

The Heavy Engineering business of Larsen & Toubro, has completed and flagged off World's Heaviest LC-Max Reactors ahead of schedule.

Will take up to a year before pvt sector opens purse to capex: L&T chief

The firm's MD & CEO, S N Subrahmanyan, says L&T has reached pre-covid levels and aims to become debt free

Larsen & Toubro advances 4% on winning new order from Tata Steel

The construction and mining equipment business of the company has secured one of its biggest orders ever to supply 46 units of Komatsu Mining Equipment from Tata Steel

Top headlines: Fiscal deficit soars 115%, Aarogya Setu app row, and more

From fiscal deficit soaring to 115% in first half to L&T still suffering from lockdown woes, here are the top headlines on Friday

F&O expiry: L&T, HDFC twins drag Sensex 173 pts; Nifty settles at 11,671

All that happened in the markets today

L&T Q1 preview: Analysts see up to 85% YoY PAT dip on Covid-19 disruption

The April-June 2020 quarter is likely to be one of the weakest quarters in recent times for the engineering & capital goods (ECG) companies amid the Covid-19-induced lockdown, analysts say.

L&T may gain from China's loss of Delhi-Meerut Rapid Rail project

The border standoff is casting a shadow on economic ties between the two neighbours

Market Ahead, June. 1: Top factors that could guide markets this week

SGX Nifty, which is up 130 points, is indicating a stronger opening for the Indian indices today

L&T turns to international business, financial services to power growth

Faced with a sluggish local market, L&T has turned to international business, software and financial services to power growth

L&T plans to become asset light, reduce debt by Rs 30,000 crore

To sell off L&T IDPL, Nabha Power; transfer Hyderabad Metro to an InvIT

Nifty outlook and stock pick by Angel Broking: Buy Larsen & Toubro

Stock calls and Outlook on Nifty by Mr. Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking Ltd.

We expect L&T's Isro business to grow at least sixfold: J D Patil

Isro is going to ask private players to assemble small rockets right away, says the senior executive vice-president of L&T's defence segment

L&T Construction bags large contracts from clients in Delhi, other states

Infrastructure giant Larsen & Toubro (L&T) Thursday said its construction arm has bagged "large" contracts from multiple clients in the domestic market. The engineering and construction company, however, did not provide the exact value of the contract; but as per its project classification, the value of the contracts were in "large" category which is in the range of Rs 2,500 to Rs 5,000 crore. The buildings and factories business has secured an order for the construction of campus development of IIT Hyderabad at Kandi, Telangana, L&T said in BSE filing. L&T said its buildings and factories business has received another order from an Indian Real Estate development company for the construction of "Asset 13 project" at Aerocity, New Delhi. The project consists of hotel building, office complex, international conference and business centre as well as multi-level car parking spaces. The project has to be completed in 22.5 months. The company further said that the business ..