Larsen & Toubro announced that R Shankar Raman who has been Sr.EVP, Whole time Director & CFO is elevated as President, Whole-time Director & CFO with immediate effect. Powered by Capital Market - Live News

Larsen & Toubro announced that Subramanian Sarma who has been Wholetime Director & Sr. EVP Energy is elevated as Whole-time Director & President, Energy with immediate effect. He will continue with his current responsibilities towards Hydrocarbon, Power, and Green Mfg. & Development businessesPowered by Capital Market - Live News

The Board of Larsen & Toubro at its meeting held on 08 May 2024 has approved the appointment of Siddhartha Mohanty (DIN: 08058830) as a Director of the Company with effect from 28 May 2024, representing equity interest of Life Insurance Corporation of India (LIC).Mohanty has been nominated by LIC in place of Hemant Bhargava, who shall cease to be a Director of the Company on account of withdrawal of nomination by LIC with effect from 27 May 2024. Powered by Capital Market - Live News

Net profit of Larsen & Toubro rose 10.27% to Rs 4396.12 crore in the quarter ended March 2024 as against Rs 3986.78 crore during the previous quarter ended March 2023. Sales rose 14.99% to Rs 67078.68 crore in the quarter ended March 2024 as against Rs 58335.15 crore during the previous quarter ended March 2023.For the full year,net profit rose 24.72% to Rs 13059.11 crore in the year ended March 2024 as against Rs 10470.72 crore during the previous year ended March 2023. Sales rose 20.60% to Rs 221112.91 crore in the year ended March 2024 as against Rs 183340.70 crore during the previous year ended March 2023. ParticularsQuarter EndedYear Ended�Mar. 2024Mar. 2023% Var.Mar. 2024Mar. 2023% Var. Sales67078.6858335.15 15 221112.91183340.70 21 OPM %12.9014.32 -13.2114.61 - PBDT7349.436760.86 9 24105.8320475.29 18 PBT6328.235907.36 7 20423.5016973.04 20 NP4396.123986.78 10 13059.1110470.72 25 Powered by Capital Market - Live News

Larsen & Toubro announced that the 79th Annual General Meeting(AGM) of the company will be held on 4 July 2024.Powered by Capital Market - Live News