Attrition in sector due to higher salaries: L&T Tech CEO and MD Amit Chadha For the first quarter ended June 30, LTTS’ attrition was at 23.2% on a last-12-month (LTM) trailing basis. 3 years agoJuly 17, 2022
L&T Tech Q1 net rises 4.7% to Rs 274 crore In his address to shareholders at the company’s annual general meeting on Friday, chairman AM Naik said that the present… 3 years agoJuly 16, 2022
L&T becomes debt-free on cash, cash equivalents in FY22 The infrastructure major would venture into the business through technology tie-ups and business partnerships. Further, the company has also identified… 3 years agoJuly 14, 2022
L&T Infotech profit rises 27.6 per cent to Rs 633 crore in April-June It had registered a profit of Rs 496.3 crore in the same period a year ago, the company said in… 3 years agoJuly 14, 2022
Atmanirbhar Bharat: Light weight tanks for the Indian Army will roll out next year, says DRDO Chief In an exclusive conversation with Financial Express Online in New Delhi, Secretary, Department of Defence R&D and Chairman DRDO Dr… 3 years agoJuly 31, 2022
Larsen & Toubro rating – Buy: Firm positive on prospects in fiscal Capex level expected to be sustained if oil prices are in $80-100/bbl range; ‘Buy’ retained with unchanged target price of… 3 years agoJune 12, 2022
‘Tech spends can be the only possible deflationary force’: SN Subrahmanyan, CEO & MD, Larsen & Toubro SN Subrahmanyan, CEO and MD, Larsen & Toubro, in an interview with FE’s Rajesh Kurup, said that going forward, the… 3 years agoJune 1, 2022
L&T is in the works to transform into an entire technology firm L&T is already using technologies to automate and digitise EPC projects and manufacturing businesses, and is of the view that… 3 years agoMay 31, 2022
Larsen & Toubro rating- Buy: Externalities impacted results Company did very well on order inflows; guidance for FY23 appears reasonable; target price cut to Rs 2,025; ‘Buy’ rating… 3 years agoMay 16, 2022
L&T’s Rs 8.5-trillion order book healthy: Analysts According to analysts, inflationary environment would limit the company’s prospects of covering up for margin disappointment in FY23 and its… 3 years agoMay 14, 2022
L&T aims to double revenue, order inflow by FY26 The company has taken the base year for these targets as FY21. It also plans to have a return on… 3 years agoMay 12, 2022
L&T posts 10% rise in net profit to Rs 3,621 crore in Q4 However, order inflows for the year remained below the guided range of low-to-mid teens and increased 10% to Rs 1.93… 3 years agoMay 12, 2022
L&T net profit rises 10 pc to Rs 3,621 crore in Q4 The company had posted a consolidated net profit of Rs 3,292.81 crore in the year-ago period, L&T said in a… 3 years agoMay 12, 2022
L&T Info, Mindtree announce merger: Swap ratio set at 73:100 “The new shares of LTI so issued will be traded on the NSE and the BSE. Larsen & Toubro will… 3 years agoMay 7, 2022
L&T Infotech, Mindtree announce mega merger to create large-scale IT services player Elaborating on the merger, Naik told reporters that DC Chatterjee will lead the merged entity. 3 years agoMay 6, 2022
Metaverse will take a bit more time for fruition: Sanjay Jalona, CEO & MD, Larsen & Toubro Infotech Customers’ strategic spending on business transformation initiatives continues to be a key driver of demand. 3 years agoMay 3, 2022
‘We will hit revenue run rate of $1 billion by Q2 or Q3 of FY23’ The firm expects to hit $1 billion in revenue run rate by the second or third quarter of the current… 3 years agoApril 27, 2022
L&T Infotech rating – Reduce: A disappointing quarter for the company Slowdown in earnings is likely; FY23/24e EPS cut by 5/4%; target price down to Rs 4,986 from Rs 5,921; downgraded… 3 years agoApril 22, 2022
