Larsen & Toubro Ltd
04 Feb 2025 12:00 AM
Larsen & Toubro to set up Pellet and DRI plant in MENA region,
The Minerals & Metals (M&M) business vertical of L&T will set up a Pellet Plant and a Direct Reduction of Iron (DRI) Plant for a client in the Middle East & North Africa (MENA) region. These pertains to a major order secured earlier from the client - a leading steel producer in MENA and are part of the global initiative towards decarbonisation. The scope of work includes design-build Pellet and DRI plants encompassing engineering, supply, erection and construction works based on globally acclaimed technologies. L&T has been involved in many landmark iron and steel manufacturing plants globally, and these new projects reaffirm its expertise in delivering design-build steel plants.According to the company`s project classification, the order is valued in the range of Rs 5,000 crore to Rs 10,000 crore. Powered by Capital Market - Live News
Larsen & Toubro Ltd
31 Jan 2025 12:00 AM
Larsen & Toubro consolidated net profit rises 13.96% in the December 2024 quarter,
Net profit of Larsen & Toubro rose 13.96% to Rs 3358.84 crore in the quarter ended December 2024 as against Rs 2947.36 crore during the previous quarter ended December 2023. Sales rose 17.31% to Rs 64667.78 crore in the quarter ended December 2024 as against Rs 55127.82 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales64667.7855127.82 17 OPM %12.2113.06 - PBDT6380.035692.58 12 PBT5333.034771.83 12 NP3358.842947.36 14 Powered by Capital Market - Live News
Larsen & Toubro Ltd
30 Jan 2025 12:00 AM
Larsen & Toubro allots 44,380 equity shares under ESOS,
Larsen & Toubro has allotted 44,380 equity shares under ESOS on 30 January 2025. Powered by Capital Market - Live News
Larsen & Toubro Ltd
30 Jan 2025 12:00 AM
Larsen & Toubro`s Minerals & Metals vertical wins order in GCC region,
Larsen & Toubro`s Minerals & Metals (M&M) vertical has secured a significant order (valued in range of Rs 1,000 crore to Rs 2,500 crore) for setting up freight handling facilities in the Gulf Cooperation Council (GCC) region. This is a repeat order from a leading railway company in the GCC, which has ambitious plans for capacity expansion in multiple phases. The scope of work involves engineering, procurement, construction & commissioning (EPCC) of freight handling facilities with advanced automation and control at two locations, including an add-on package. L&T has successfully executed several freight handling facilities across the railway corridors in India and the Middle East, and these projects are a testament to L&T`s capability and reputation as a major player in EPC and Design-Build projects.Powered by Capital Market - Live News
Larsen & Toubro Ltd
28 Jan 2025 12:00 AM
Larsen & Toubro to build AI-enabled 10-Megawatt data centre in Tashkent,
Larsen & Toubro (L&T) has received a significant order (valued between Rs 1,000 crore to Rs 2,500 crore) to build Uzbekistan`s first AI-enabled and sustainable 10-Megawatt data centre in Tashkent.The project will set new standards for data centre infrastructure in the region, combining cutting-edge technology with a strong commitment to sustainability.L&T will be responsible for the engineering, procurement and construction of this new-age Data Centre equipped with advanced AI capabilities to power the next generation AI applications, minimise environmental impact and maximise energy efficiency. The data centre will be equipped with robust security measures to protect sensitive data using cutting-edge security technologies.Powered by Capital Market - Live News
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