Larsen and Toubro Limited
Larsen and Toubro Limited is one of the largest multinational company in India, which is headquartered in Mumbai, India. They operates in the field of technology, engineering, construction, manufacturing and financial services. Their customers spread over the world around 30 countries. It was founded by 2 Danish Engineers Henning Holck-Larsen and Soren Kristian Toubro.
Their production and services including Construction,Electrical & Automation, Construction & Mining Machinery, Heavy Engineering, Hydraulics,Hydrocarbon, IT Consulting & Digital Solutions, Metallurgical & Material Handling, Power,Power Development Limited, Rubber Processing Machinery, Power Development Limited, Rubber Processing Machinery, Shipbuilding, Technology Services, Valves, etc.
Sustainability report of an organisation gives the information about economic, social and governance performance. L & T’s sustainability report is based on 3 p’s of of Planet, People and Profits. Now L & T is a leading industry in the world. Their main features are a strong customer focused approach and continuous world class quality, professionalism and high standard of business process.
L & T ltd has an international presence of business in all over the world. It is building the foundation for the future. They have several subsidiaries across in and outside India. India’s largest Engineering and Construction company Larson and Toubro’s market capital is Rs 158,641.13 Crore in August 2017.
They reported a 28% jump in March quarter consolidated net profit on higher revenue and lower taxes. That is consolidated net profit in the quarter rose to Rs. 3,025 crore from Rs. 2,335 crore a year earlier. Their GDP growth increases to 7.6% from 7.2%.