Page 15 of Larsen & Toubro

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…

Updated: July 31, 2022 18:33 IST

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…

June 13, 2022 02:00 IST

‘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…

Updated: June 1, 2022 17:09 IST

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…

June 1, 2022 01:00 IST

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…

May 16, 2022 02:30 IST

The Indian bellwether has also guided for a 12-15% growth in order inflows.

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…

May 14, 2022 04:30 IST

R Shankar Raman, chief financial officer, L&T said, “What this means is targeted, selected bidding and razor-sharp execution. We will also reduce our exposure to non-core business, particularly the concession business. The idea is to become asset-light while becoming more profitable.”

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…

May 13, 2022 03:00 IST

Order inflows surged 46% y-o-y to Rs 73,941 crore, with bulk of the orders coming from infrastructure, hydrocarbon and defence sectors. The infrastructure segment booked a mega order from West Asia. International orders, at Rs 32,241 crore, comprised 44% of the total order inflow.

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…

May 13, 2022 02:30 IST

"The consolidated net profit after tax for the quarter ended March 31, 2022 at Rs 3,621 crore registered a growth of 10 per cent over the corresponding quarter of the previous year, in line with revenue growth," the company said in a statement.

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…

May 12, 2022 17:27 IST

The two listed subsidiaries will continue to function independently till the closure of the deal.

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…

May 7, 2022 02:00 IST

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.

May 6, 2022 16:51 IST

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.

May 3, 2022 04:50 IST

‘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…

Updated: April 27, 2022 08:54 IST

Though management guided for strong demand momentum in Europe and hasn’t seen any impact on client conversations, we believe uncertainty, rising cost and wage inflation may delay client budget decisions, softening growth momentum in Europe.

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…

April 23, 2022 02:00 IST

A consensus estimate of Bloomberg analysts was expecting the firm to post a net profit of Rs 260.6 crore for the quarter.

L&T Technology Services’ Q4 net rises 5.5% to Rs 263.2 crore

During the quarter, the firm’s total income rose 4.26% to Rs 1,798 crore from Rs 1,724.5 crore posted in the…

April 22, 2022 00:15 IST

L&T Infotech stock falls as earnings and dividend fail to entice investors; time to buy, sell, or hold?

Larsen & Toubro Infotech also announced a dividend of Rs 30 per equity share of face value Re 1.

Updated: April 20, 2022 12:27 IST

L&T Infotech beats estimates, posts profit of Rs 637.5 crore

LTI’s consolidated revenue from operations rose 3.96% to Rs 4,301.6 crore from Rs 4,137.6 crore recorded during the sequential December…

April 20, 2022 05:40 IST

Larsen & Toubro mulls merging Mindtree with L&T Infotech; merger to create $22 bln tech behemoth

The boards of Mindtree Ltd. and Larsen & Toubro Infotech Ltd., two software units controlled by the Mumbai-based engineering firm,…

Updated: April 19, 2022 08:08 IST

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‘India observed JF-17 during Op Sindoor’: Russian expert on reported RD-93 Pak sale

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Page 15 of Larsen & Toubro

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