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