Business Standard

Tuesday, December 24, 2024 | 10:56 AM ISTEN Hindi

Notification Icon
userprofile IconSearch

Page 2 - Larsen & Toubro

Larsen & Toubro Q2 PAT jumps 26% to Rs 2,819 cr on higher revenue from ops

Engineering and construction major Larsen & Toubro (L&T) on Monday reported a 26 per cent rise in consolidated net Profit After Tax (PAT) at Rs 2,819.20 crore for the quarter ended September on the back of higher revenue from operations. The company had posted a consolidated net PAT of Rs 2,231.33 crore in the year-ago period, L&T said in a filing to BSE. The consolidated revenue from operations increased by 22.9 per cent to Rs 42,762.61 crore from Rs 34,772.90 crore in the July-September quarter a year ago, the filing added. The company recorded orders worth Rs 51,914 crore at the group level during the July-September period, registering a growth of 23 per cent over the corresponding period of the previous fiscal. During the second quarter, the company bagged orders across various sectors like public spaces, nuclear power, irrigation and renewables. Of the total order inflow, international orders were worth Rs 17,341 crore. The consolidated order book of the group stood ..

Larsen & Toubro Q2 PAT jumps 26% to Rs 2,819 cr on higher revenue from ops
Updated On : 31 Oct 2022 | 6:04 PM IST

MGS, Light Tank, WhaP: DRDO presents 3 'Make in India' successes at DefExpo

The DRDO has chosen Larsen & Toubro as a "design cum production partner"

MGS, Light Tank, WhaP: DRDO presents 3 'Make in India' successes at DefExpo
Updated On : 19 Oct 2022 | 10:10 PM IST

Derivatives analyst Nandish Shah recommends bull spread strategy on L&T

The analyst from HDFC Securities recommends buying 1920 Larsen & Toubro October Call and selling 1960 Call of the same series.

Derivatives analyst Nandish Shah recommends bull spread strategy on L&T
Updated On : 07 Oct 2022 | 8:05 AM IST

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T

The technical analyst from HDFC Securities recommends buying L&T 1900 Call and simultaneously selling 1920 Call for the August series.

F&O Strategy: Nandish Shah recommends a Bull Spread on L&T
Updated On : 06 Sep 2022 | 6:12 PM IST

MSTC eyes e-commerce biz; ties with Reliance, Vedanta, Tata Power, others

Government-owned e-commerce service provider MSTC aims to expand its offering for private players and has tied up with firms like Reliance Industries, Tata Power, Vedanta, and Larsen & Toubro (L&T). The company believes that the current financial year will remain volatile and it would need to develop smart ways to tackle new challenges. "MSTC is endeavouring to harness the untapped potential in the private sector also, besides trying to retain the government and PSU business," company's chairman and managing director Surinder Kumar Gupta said in the annual report 2021-22. "...digital transformation is an integral part and play a key role in the development of the organisation in the near future. We are also taking various steps to ensure that we remain well placed to take the opportunity with both hands as and when the same comes in our path," Gupta said. The company said that it has emerged as a major standalone e-commerce service provider in the country. With its foray into .

MSTC eyes e-commerce biz; ties with Reliance, Vedanta, Tata Power, others
Updated On : 04 Sep 2022 | 2:23 PM IST

Trading Strategies for Cochin Shipyard, Larsen & Toubro by Mehul Kothari

According to the technical analyst from Anand Rathi, Cochin Shipyard can rally to Rs 390, whereas Larsen & Toubro can slip to Rs 1,800-level.

Trading Strategies for Cochin Shipyard, Larsen & Toubro by Mehul Kothari
Updated On : 26 Aug 2022 | 8:24 AM IST

Buy CRISIL, Sell Larsen & Toubro recommends Mehul Kothari

According to the technical analyst from Anand Rathi, Larsen & Toubro can slip to Rs 1,800-level, while CRISIL can rally to Rs 3,700.

Buy CRISIL, Sell Larsen & Toubro recommends Mehul Kothari
Updated On : 23 Aug 2022 | 8:07 AM IST

L&T to work across green energy value chain; to pump in $2.5 bn in 3-4 yrs

Investment to help it tap the entire value chain from manufacturing to EPC projects

L&T to work across green energy value chain; to pump in $2.5 bn in 3-4 yrs
Updated On : 22 Aug 2022 | 12:03 AM IST

Larsen & Toubro commissions new green hydrogen plant at Hazira in Gujarat

The plant will produce 45 kg of green hydrogen daily, which will be used for captive consumption in the company's Hazira manufacturing complex

Larsen & Toubro commissions new green hydrogen plant at Hazira in Gujarat
Updated On : 20 Aug 2022 | 2:07 PM IST

SBI, DLF, Bajaj Auto, Manappuram look good on charts post RBI policy

Manappuram Finance has so far on Friday post RBI rate hike has logged its biggest intra-day gain this year, the stock along with DLF, SBI and Bajaj Auto can rally up to 14 per cent in the near term.

SBI, DLF, Bajaj Auto, Manappuram look good on charts post RBI policy
Updated On : 05 Aug 2022 | 12:48 PM IST

Decent upside in L&T stock; analyst recommendations strongly positive

Core revenues were at Rs 35,850 crore, up 22 per cent year-on-year (YoY) and down 32 per cent quarter-on-quarter (QoQ)

Decent upside in L&T stock; analyst recommendations strongly positive
Updated On : 28 Jul 2022 | 1:30 AM IST

L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore

But sequentially, it declines 53% amid inflationary pressure & Rs depreciation

L&T beats estimates as Q1 net profit surges 45% YoY to Rs 1,702 crore
Updated On : 26 Jul 2022 | 11:37 PM IST

L&T Q1 results: Net profit rises 45% to Rs 1,702 cr; revenue up 22%

Company's order inflow rises 57% in June quarter

L&T Q1 results: Net profit rises 45% to Rs 1,702 cr; revenue up 22%
Updated On : 26 Jul 2022 | 6:23 PM IST

Powered by FMCG, auto stocks; indices snap four-day losing streak

Tata Steel, Power Grid, HCL Technologies, Wipro, Dr Reddy's and Axis Bank were the laggards

Powered by FMCG, auto stocks; indices snap four-day losing streak
Updated On : 15 Jul 2022 | 11:50 PM IST

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

L&T CEO Subrahmanyan gets 115% jump in salary in FY22 as business grows
Updated On : 14 Jul 2022 | 1:05 AM IST

Lord of the rings: Audi India head Balbir Dhillon on 'simplest business'

The first Indian executive to head the German luxury carmaker in the subcontinent, Dhillon has worked his way up the ranks, writes Pavan Lall

Lord of the rings: Audi India head Balbir Dhillon on 'simplest business'
Updated On : 01 Jul 2022 | 10:46 PM IST

Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T

Betters SP Group, L&T on quality and cost-based selection criteria

Tata Projects wins bid to build Jewar Airport, beats SP Group and L&T
Updated On : 04 Jun 2022 | 1:22 AM IST

L&T bags order for Chennai Metro Rail Project for Rs 1,000-Rs 2,500 crore

Infrastructure major Larsen and Toubro (L&T) on Monday said it has received another significant contract order for Chennai Metro Rail Project. According to the company's project classification, the value of a significant order ranges between Rs 1,000 crore to Rs 2,500 crore. "L&T Construction awarded another Significant contract for Chennai Metro Rail Project (CMRL)," L&T said in a statement. The scope of the order involves the construction of an elevated viaduct of approximately 10 km, including an elevated ramp and 10 elevated metro stations at Nehru Nagar, Kandanchavadi, Perungudi, Thoraipakkam, Mettukuppam, PTC colony, Okkiyampet, Karapakkam, Okkiyam Thoraipakkam and Sholinganallur. This elevated metro rail package is to be constructed in 35 months. L&T is already executing four packages of CMRL Phase II, of which one is underground and the other three are elevated packages. L&T had earlier executed metro rail projects for CMRL in Phase I.

L&T bags order for Chennai Metro Rail Project for Rs 1,000-Rs 2,500 crore
Updated On : 30 May 2022 | 1:53 PM IST

L&T plans to exit road, power concessions, incubate digital business

Company aims to touch revenue of Rs 2.7-3 trillion, achieve order inflow of Rs 3.4 trillion and return on equity of over 18 per cent by FY26

L&T plans to exit road, power concessions, incubate digital business
Updated On : 23 May 2022 | 12:57 AM IST

Margin worries to persist for L&T over inflation, supply chain concerns

While target prices indicate healthy upside, the stock has been an underperformer

Margin worries to persist for L&T over inflation, supply chain concerns
Updated On : 14 May 2022 | 12:06 AM IST