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