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Forging industry worried over lower supply of steel and its price Aurobindo Pharmacy: good turnaround Mercedes-Benz sales continue to zoom Back in growth mode Hindalco – re-rating Daimler’s truck exports from Chennai cross 5000 units Singur minus Nano – victory or folly? PSU non-life firms seek to protect share ITC – steep excise hike TVS Automobile invests Rs.75 crore in start-up firms A niche in FMCG business... PPP model for infrastructure development Tata Steel, ThyssenKrupp sign MoU to merge European units AL secures orders for 3600 buses Sundram Fasteners rejigs international Eyes strong growth in 2016-17 When small is not so beautiful… L&T bags the Mumbai Trans-harbour link order E.I.D Parry (India) Ltd: another sweet year Vellayan is back, after 150 days Titan Company – sales recovery to kick in L & T set bigger ambitions in defence business TN government keen on revival of operations at Nokia complex L&T profit up by 11 per cent Solar installations exceed 2015 capacity in five months Smartphone onslaught by Chinese brands Chinese smart phones flourish in small towns too! LVB posts 31 per cent growth in Q1 net profit Shriram Life clocks more than Rs.1000 crore premium in 2015-16 Emami – a new growth mantra Bajaj Finserv – Q1: fare well Toyota and Suzuki to introduce EVs in India by 2020 HPCL plans Rs.61,000 crore capex over 5-years AL wins Deming prize again Preparing for the next growth curve Right to privacy – now it’s fundamental! Is this a generation gap? Smooth sailing of SAIL Dish TV – subscriber additions encouraging Wabco launches safety system Ode to Ratan Tata M & M unveils driverless technology for tractors Yamaha unveils scooter boutique Tata Motors aims to be among the Top 3 global CV & PV firm Welcome focus to improve rural India... A welcome initiative-even critics are recognised The gainers and the losers The unexpected exit Rane targets Rs.5500 crore topline by 2018-19 L & T’s floating dock for navy CAPITAL NOTES Hyundai India achieves 7 mn production at Chennai factory Tata gets 4-star rating for Zest Consolidating leadership position in smartphones Tata Motors joins compact SUV bandwagon with Nexon Michelin to double Chennai capacity Ponni Sugars (Erode) Ltd: not so sweet 2012-13 AL introduces Guru & Partner 29 per cent jump in TCS revenues Sivasankaran enters taxi space to take on Uber and Ola Increasing market share Gamesa to set up a plant in Nellore ITC chairman calls for policy impetus to transform agriculture Daimler grows sales and share in India Tata Motors bets on new launches From the toughest to the best year Hyundai to focus on SUVs and AMT variants He excels in the nuts and bolts of entrepreneurship Last stages Maruti – for young buyers TVS Srichakra plans capacity expansion IOB on turnaround path New India Assurance posts impressive show Land wars V-Guard launches app-enabled water heater system Housing demand revival Tata Motors charts investments in PV and CV businesses It takes two to tango TI Cycles plans retail expansion to drive sales for premium bicycles Nissan exit shouldn’t affect ALL Record two-wheeler sales Carnival Films acquiring 3000 screens pan India RoC in the dock... Are they really independent? Kone India eyes further growth in elevator market
 
L&T profit up by 11 per cent

The Indian conglomerate has posted impressive result against a backdrop of challenging environment. At the group level, gross revenue stood at Rs 75,195 crore and the profit after tax grew 11 per cent to Rs 5026 crore. The engineering and constructions division has posted the maximum growth of 25 per cent over last year, among all the segments, registering a profit after tax of Rs 4911 crore. To keep the order book full, the company plans to intensify its international operations, which accounted for 17 per cent of order inflows this year. The segment-wise revenues were: Rs 54,378 crore from Engineering and Constructions (88 per cent), Electricals and electronics Rs 3403 crore (6 per cent), machinery and industrial products Rs 2303 crore (4 per cent) and others were Rs 1387 crore (2 per cent).

 

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