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Larsen & Toubro (L&T) News
Larsen & Toubro (L&T)
L&T inks pact with Tamil Nadu government to build data centre at Kanchipuram
Wed, Nov 24, 2021
Larsen & Toubro (L&T) on Wednesday said it has entered into a pact with the Tamil Nadu government to establish a data centre in the state.
L&T bags multiple orders for various businesses
Mon, Nov 08, 2021
"The construction arm of L&T has secured orders for its businesses in India," the company said in a statement.
Diwali Dhamaka: SMC recommends these 9 stocks for profit booking- Check target price, time frame and other details here
Fri, Oct 22, 2021
The four legs of economic growth that is private consumption, government expenditure, private investment and net exports, are preparing to catch up, each at a different pace. After the Covid-19 pandemic, the Indian economy is showing signs of bouncing back.
L&T Hydrocarbon Engineering bags 'significant' orders ranging between Rs 1,000 cr and Rs 2,500 cr
Tue, Sep 21, 2021
Larsen & Toubro (L&T) on Tuesday said one of its wholly-owned arm has bagged two orders in the construction services segment - one each from GAIL India and Air Products Middle East Industrial Gases LLC.
L&T concludes divestment of entire stake in 99 MW hydro plant at Uttarakhand to ReNew Power
Tue, Aug 31, 2021
Larsen & Toubro (L&T) has concluded the divestment of its entire stake in 99 MW hydro power plant at Singoli-Bhatwari in Uttarakhand to ReNew Power Services Private Limited.
L&T’s defence orderbook stands at Rs 9,500 crore: Jayant D Patil, Wholetime Director (Defence)
Mon, Oct 05, 2020
Jayant D Patil, Whole-Time Director and Senior Executive Vice President (Defence & Smart Technologies), L&T's Defence business, talks about defence orderbook of the company, contract related to Pinaka Weapon Systems, JVs and technical partnerships among others during an exclusive interview with Swati Khandelwal, Zee Business.
L&T logs 6.5% fall in Q4 net profit at Rs 3,197 cr
Sun, Jun 07, 2020
Larsen & Toubro Friday reported a 6.47 per cent fall in its consolidated net profit of Rs 3,197 crore in the January-March quarter for the financial year 2019-20.
Shares to buy: L&T stocks may make you rich by 19% ahead on D-Street - Consider this case
Wed, Jul 24, 2019
L&T's PAT for the quarter grew by 21.2% to 1,473 crore vis-a-vis 1,215 crore for the corresponding quarter of the previous year.
L&T Q1FY20: PAT increases by 21.2% YoY to Rs 1,473 crore, new orders worth Rs 38,000 cr won
Tue, Jul 23, 2019
A Bloomberg poll of expert had predicted L&T’s PAT to come around Rs 1,560 crore during the quarter.
L&T Construction bags orders worth Rs 2,357 crore
Thu, Dec 27, 2018
Larsen & Toubro (L&T) Thursday said its construction arm of has won orders worth Rs 2,357 crore in the domestic market. L&T's water and effluent treatment and transportation infrastructure business has secured order worth Rs 1,281 crore from Andhra Pradesh Capital Region Development Authority (APCRDA).
L&T Finance Q2 net profit jumps 66 pc to Rs 560 cr
Thu, Oct 25, 2018
L&T Finance Holdings (LTFH) Ltd Wednesday reported a rise of 66 per cent in net profit at Rs 560 crore for the second quarter ended September 2018. The company had posted a net profit of Rs 338 crore in the corresponding July-September period of 2017-18.
L&T to seek shareholders' nod to buyback shares worth up to Rs 9K cr
Fri, Aug 31, 2018
On the objective behind the buyback, the company said that L&T is currently following an asset-light business model, hence any significant investments which may utilise the cash is not envisaged.
Rs 9,000 cr: Larsen and Toubro buyback cleared, windfall for investors
Fri, Aug 24, 2018
The Board of Larsen & Toubro (L&T) on Thursday approved a proposal to buy back Rs 9,000 crore worth shares, citing cash on hand and no capital expenditure in near future.
L&T bags Rs 1,310-crore orders across verticals
Mon, Jan 15, 2018
Water & effluent treatment business secured 631-crore order from BUIDCO and KNNL
L&T's construction arm wins orders worth Rs 1926 crore; shares down ahead of Q2
Tue, Nov 22, 2016
The company received a major order from Odisha Power Transmission Corporation Ltd. (OPTCL) for operating in five circles of the WESCO utility area in Odisha. For the same, it also bagged order from Madhyanchal Vidyut Vitaran Nigam Ltd. (MVVNL), Lucknow in three tehsils of Unnao district in the state of Uttar Pradesh.
SUUTI sells 1.63% stake in L&T for Rs 2100 crore
Fri, Nov 04, 2016
Neeraj Kumar Gupta, secretary for Department of Investment and Public Asset Management, in New Delhi told reporters that the government had offered 1.5% of its stake in the company to investors but got offers for 1.63% stake.
L&T Tech debuts market with 4.6% premium
Fri, Sep 23, 2016
The company completed its three-day initial public offering on September 15.
L&T Tech to open IPO on Monday; aims to raise Rs 894 crore
Sun, Sep 11, 2016
L&T Tech IPO aims to raise Rs 894.4 crore through the offering by offloading nearly 10.2% of its equity stake to its research and development services company.
L&T targets Rs 2 lakh crore revenue by 2021
Sat, Aug 27, 2016
On July 29, the company announced its financial earnings for the quarter ended on June 30.
L&T bags contract to convert Nagpur into a 'Smart City'
Tue, Aug 16, 2016
S.N. Subramanyan, Deputy Managing Director and President of L&T said, " After Jaipur, this is the most significant step in the country’s journey towards establishing smart cities and we are delighted to be participating in transforming Nagpur in one.”