Larsen & Toubro
Coordinates: 18°56′06.07″N 72°50′30.00″E / 18.9350194°N 72.84167°E / 18.9350194; 72.84167
| Type | Public |
|---|---|
| Traded as | NSE: LT BSE: 500510 BSE SENSEX Constituent |
| Industry | Conglomerate |
| Founded | Mumbai, India (1938) |
| Founder(s) | Henning Holck Larsen Søren Kristian Toubro |
| Headquarters | L&T House, Ballard Estate, Mumbai, Maharashtra, India |
| Area served | India, Middle East, East Asia and South East Asia |
| Key people | A. M. Naik (Executive Chairman) K. Venkataramanan (CEO & MD) |
| Products | Construction Heavy equipment Electrical equipment Power Shipbuilding Financial services IT Services |
| Revenue | US$ 12.34 billion (2012) |
| Operating income | US$ 1.488 billion (2012) |
| Net income | US$ 907 million (2012) |
| Total assets | US$ 22.84 billion (2012) |
| Total equity | US$ 5.978 billion (2012) |
| Employees | 45,117 (2012) |
| Divisions | Technology, engineering, construction, manufacturing |
| Subsidiaries | L&T Infotech, L & T Mutual Fund, L&T Infrastructure Finance Company, L&T Finance Holdings, L&T IES |
| Website | www.larsentoubro.com |
Larsen & Toubro Limited, also known as L&T, is an Indian multinational conglomerate headquartered in Mumbai, India. The company has business interests in engineering, construction, manufacturing goods, information technology and financial services.
L&T is India's largest engineering and construction company, with a dominant presence in India's infrastructure, power, hydrocarbon, machinery, shipbuilding and railway sectors. In recent years, L&T has expanded its global presence and international projects contributed 9% of its overall order book for the 2010–11 period.
Considered to be the "bellwether of India's engineering sector", L&T was recognized as the Company of the Year in 2010. L&T has featured four times in Forbes Fab 50 list of the best public companies in the Asia-Pacific region. In 2012, Forbes magazine ranked L&T the world's 9th most innovative company, ahead of Google and Apple Inc.
Read more about Larsen & Toubro: History, L&T Institute of Technology, Joint Ventures, Awards and Accolades, Restructuring