| Larsen & Toubro Limited Related news |
L&T Construction bags orders worth Rs 2,210 cr
Posted on 11th June 2018 |
.jpg) |
Engineering major Larsen & Toubro (L&T) today said its construction arm has bagged orders worth Rs 2,210 crore across business segments in the domestic market. L&T said its water and effluent treatment business has secured orders worth Rs 2,044 crore. |
|
|
L&T Shipbuilding's auditors raise 'going concern' doubts
Posted on 31st May 2018 |
.jpg) |
Mumbai: Multiple years of losses have substantially eroded the networth of engineering major L&T's shipbuilding arm and led its independent auditors to cast “significant doubt” over whether the company can continue as a "going concern". L&T, the parent, however said its investment in L&T Shipbuilding is “strategic” and affirmed its financial support. In accounting parlance, the 'going concern assumption' typically means that the company will remain in business for the foreseeable future without being forced to halt operations and liquidate its assets. |
|
|
L&T posts Rs 31.70 billion profit in Q4, beats estimates
Posted on 29th May 2018 |
.jpg) |
Engineering conglomerate Larsen & Toubro (L&T) reported a 5 per cent year-on-year increase in its consolidated profit after tax (PAT) at Rs 31.70 billion for the quarter ended March 2018 on improved operational performance, surpassing the Bloomberg consensus estimate of Rs 29.95 billion. The company, which beat its revised guidance for order inflow in the last financial year, remains optimistic of a promising year ahead for new orders. |
|
|
L&T Construction bags orders worth Rs 5,704 cr
Posted on 28th May 2018 |
.jpg) |
Larsen & Toubro's construction arm has won orders worth Rs 5,704 crore in domestic market. "The water and effluent treatment business of L&T Construction has secured orders worth Rs 5,704 crore," the engineering and construction major said in a BSE filing. |
|
|
L&T Construction bags Rs 3,191 crore order for Dhaka Metro
Posted on 25th May 2018 |
.jpg) |
Larsen & Toubro (L&T) today said L&T Construction has bagged a Rs 3,191 crore order from Dhaka Mass Transit Company for construction of a railway line for Dhaka Metro. L&T said it has secured the order in JV with Marubeni Corporation (Japan) through an international competitive bidding process. |
|
|
L&T Technology Services revenue rises 15% to Rs 37.4 billion in FY18
Posted on 23rd May 2018 |
.jpg) |
Mumbai: L&T Technology Services posted an annual revenue growth of 15.4 per cent to Rs 37.47 billion and profit rose 19 per cent to Rs 5.060 billion for the year ended March 31. For the March quarter, the company posted year-on-year (y-o-y) revenue growth of 30 per cent to Rs 10.54 billion. It reported a 65.6 per cent growth in quarterly profit to Rs 1.58 billion compared to the year-ago period. |
|
|
NCLAT hope for L&T, firm to argue case on Tuesday for Bhushan Steel dues
Posted on 22nd May 2018 |
.jpg) |
Through a Larsen & Toubro (L&T) application, operational creditors to Bhushan Steel have got a window of hope at the National Company Law Appellate Tribunal (NCLAT) on their dues to the insolvent company. The appellate body has agreed to hear the L&T petition on its Rs 9.62 billion of dues from Bhushan Steel. The case will be heard on Tuesday. Bhushan Steel was taken over by Tata Steel last week, after a protracted process under the insolvency law, involving some controversy. |
|
|
L&T Hydrocarbon Engineering bags orders for setting up two fertilizer plants in Bihar, Jharkhand
Posted on 21st May 2018 |
.jpg) |
L&T Hydrocarbon Engineering in consortium with TechnipFMC has bagged two orders from Hindustan Urvarak and Rasayan Ltd for setting up two fertilizer plants. “L&T Hydrocarbon Engineering (LTHE), a wholly owned subsidiary of… Larsen & Toubro Ltd, in consortium with TechnipFMC, has won two significant orders from Hindustan Urvarak and Rasayan Ltd (HURL), a joint venture company of IOCL, NTPC, CIL, FCIL and HFCL,” Larsen and Toubro (L&T) said in a BSE filing. |
|
|
CPPIB, Allianz to acquire 55% units in L&T’s IndInfravit Trust
Posted on 10th May 2018 |
.jpg) |
Canada Pension Plan Investment Board (CPPIB) and Allianz Capital Partners (ACP) have agreed to together acquire 55% of units in IndInfravit Trust (IndInfravit), sponsored by L&T Infrastructure Development Projects Limited (L&T IDPL), a joint statement said on Wednesday. |
|
|
L&T, BrahMos unveil naval launcher
Posted on 9th May 2018 |
.jpg) |
Mumbai: Larsen & Toubro (L&T) and BrahMos Aerospace have unveiled a new quad launcher prototype, heralding another attempt to boost the performance of naval warships. The new prototype provides superior firepower compared to the twin canister and has the capability to launch four missiles in a single or salvo (simultaneous) mode. Besides, the quad launcher is suitable for warships which have space constraints to accommodate a vertical launch module. |
|
|
|
|
|
|
|
|
