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