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larsen & toubro ltd (LT) Details

Larsen & Toubro Limited engages in technology, engineering, construction, manufacturing, and financial operations worldwide. Its Infrastructure segment constructs buildings and factories, transportation and heavy civil, power transmission and distribution, and water and renewable energy projects. The company’s Power segment offers coal and gas-based thermal power plants turnkey solutions, including power generation equipment. Its Metallurgical & Material Handling segment provides turnkey solutions for ferrous and non ferrous metal industries; bulk material and ash handling systems; and industrial machinery and equipment. The company’s Heavy Engineering segment manufactures custom designed and engineered equipment and systems. Its Electrical & Automation segment manufactures switchgear components, voltage switchboards, electronic energy meters/protection systems, and control and automation products. The company’s Hydrocarbon segment provides engineering, procurement, and construction solutions for oil and gas industry. Its IT & Technology Services segment offers information technology and integrated engineering services. The company’s Financial Services segment provides retail, corporate, housing, and infrastructure finance; general insurance; and mutual fund schemes asset management and related advisory services. Its Developmental Projects segment is involved in basic infrastructure projects; toll collection; power development; development and operation of port facilities; and providing related advisory services. The company's Other segment engages in realty; shipbuilding; industrial valves; welding and cutting equipment; construction equipment; mining machinery; rubber processing machinery and castings; ready-mix concrete; asphalt and paving materials; and mining and aviation businesses. Larsen & Toubro Limited was founded in 1938 and is based in Mumbai, India.

97,466 Employees
Last Reported Date: 07/31/15
Founded in 1938

larsen & toubro ltd (LT) Top Compensated Officers

President, Deputy Managing Director, Whole Ti...
Total Annual Compensation: 14.0M
Group Executive Chairman, Chairman of Risk Ma...
Total Annual Compensation: 33.5M
Chief Financial Officer, Whole-Time Director,...
Total Annual Compensation: 12.8M
Senior Executive Vice President of Power, Min...
Total Annual Compensation: 10.7M
Compliance Officer and Company Secretary
Total Annual Compensation: 8.3M
Compensation as of Fiscal Year 2015.

larsen & toubro ltd (LT) Key Developments

Larsen & Toubro Ltd Enters into Non-Binding Memorandum of Understanding with Adani Ports

Larsen & Toubro Ltd. entered into a non-binding Memorandum of Understanding with Adani Ports (Adani) for evaluating the operations of the port at Kattupalli, Tamil Nadu, with effect from October 01, 2015 for a period of one month. The definitive agreements would be entered into later. While all non-operating revenues and expenses will be to L&T Shipbuilding Limitedâ??s account, Adani shall be responsible for EBIDTA gains and losses arising from the Port operation for this period.

Larsen & Toubro Ltd Ceases Mr. K. Venkataramanan as Director

Larsen & Toubro Ltd. has announced that Mr. K. Venkataramanan, Chief Executive Officer & Managing Director has ceased to be a director of the company upon his superannuation from the company’s service with effective from September 30, 2015.

L&T Construction Wins Power T&D Orders Valued INR 13760 Million

The Power Transmission 8t Distribution Business of L&T Construction has won orders worth INR 13,760 million in both the domestic and international markets in September 2015. The Solar Business has bagged multiple orders from a reputed solar power developer for the engineering, procurement and construction of 115 MWp solar installations in the southern part of the country. Upon completion, the total installed capacity of solar plants by the company would be 643 MWp. The Business has also received an order from West Bengal State Electricity Transmission Company Limited for engineering, procurement and construction of 132 kV double circuit transmission lines in various districts of West Bengal. In the international market, the business has made a strategic breakthrough in Malawi, Africa, by bagging an order for the construction of two 400/132kV substations on EPC basis. Another order has been bagged in the Middle East for engineering, procurement and construction of a 220kV substation from a reputed customer.


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