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