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