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