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