Filter announcements
Loading...
Larsen & Toubro Ltd is a multinational conglomerate which is primarily engaged in providing engineering, procurement and construction (EPC) solutions in key sectors such as Infrastructure, Hydrocarbon, Power, Process Industries and Defence, Information Technology and Financial Services in domestic and international markets.
L&T's board approved strong Q1 financial results: Revenue rose 7% to ₹67,942 Cr, PAT jumped 14% to ₹4,123 Cr. Order inflows were up 14% to ₹108,014 Cr. Key developments include merging L&T Power Development Ltd and divestments of Nabha Power & Hyderabad Metro.
L&T's independent ESG score declined to 69.8 from 71.3. The dip is attributed to lower environmental performance (renewable energy, wastewater) and social metrics (safety incidents, diversity). Governance improved but faced independence and related party transaction concerns.
Larsen & Toubro reported record FY26 order inflow of ₹435,600 Cr (+22%) and order book of ₹740,300 Cr (+28%). Revenue rose 12% to ₹285,900 Cr, recurring PAT 18% to ₹17,200 Cr. Operational cash flow surged 87%. Strategic divestments and improved NWC of 4.1% strengthened the balance sheet.
L&T announced a media interaction to provide updates on Middle East project execution and employee safety. The company will address operational continuity and workforce well-being amidst the prevailing regional environment.
Larsen & Toubro has transferred its e-commerce platform business for industrial and construction goods (SuFin) to its wholly-owned subsidiary, SuFin Limited. The transaction is valued at ₹60 Cr, centralizing its digital commerce operations.