Latest news with #Subrahmanyan
Business Standard
30-07-2025
- Business
- Business Standard
Larsen & Toubro surges after Q1 PAT rises 30% YoY; orderbook rises to Rs 6.12 lakh crore
Larsen & Toubro (L&T) jumped 4.46% to Rs 3651.10 after the company reported 30% jump in consolidated net profit to Rs 3,617.19 crore on a 16% rise in revenue to Rs 63,678.92 crore in Q1 FY26 as compared with Q1 FY25. The company said that the growth in PAT was due to improved activity levels and efficient treasury management. The growth in revenue was driven by strong execution momentum in Energy (up 47% YoY) and Hi-Tech Manufacturing (up 75% YoY) businesses. Total operating expenses for Q1 FY26 added up to Rs 55,654.91 crore, up 16% YoY. Other income rose by 47% YoY to Rs 1,356.78 crore in Q1 FY26, which is reflective of level of treasury investments & improved yields during the quarter. Profit before tax for the first quarter was Rs 5,859.53 crore, up by 25.3% from Rs 4,676.65 crore posted in the same period last year. L&T said that it had received orders worth Rs 94,453 crore at the Group level during the quarter ended 30 June 2025. The company registered a YoY growth of 33% aided by a strong ordering momentum witnessed across diverse businesses. During the quarter, orders were received across multiple businesses like thermal BTG, renewables, power transmission & distribution, hydel, non-ferrous metals, offshore & onshore businesses of hydrocarbon, commercial and residential projects. International orders stood at Rs 48,675 crore, accounting for 52% of the total order inflow. The consolidated order book of the group as on 30 June 2025 was at Rs 612,761 crore, a growth of 6% over Mar25. The share of international orders is 46%. S.N. Subrahmanyan, chairman and managing director, said: This quarter we have performed well across all financial parameters. At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher. The projects and manufacturing businesses of the company continues to perform well. The record order book of Rs 6 lakh crore-plus is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management. Further, our new-age businesses like semiconductor, data centers, green energy and digital platforms have been successfully incubated in the current strategic plan and we expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology driven sectors and to stay future ready." Larsen & Toubro (L&T) is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services.
Time of India
29-07-2025
- Business
- Time of India
L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore
L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company's revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950 crore. The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 6,318 crore, up 13% from Rs 5,615 crore in the corresponding quarter last year. However, EBITDA margin declined slightly to 9.9% from 10.2%, according to an ET report. The revenue growth was largely driven by healthy execution in its key Projects & Manufacturing (P&M) segment. International revenues came in at Rs 32,994 crore, accounting for 52% of the total topline. L&T's order inflow for the quarter ended June 30 stood at a record Rs 94,453 crore, reflecting a 33% year-on-year rise aided by strong momentum across business verticals. The orders spanned thermal BTG, renewables, power transmission and distribution, hydel, non-ferrous metals, hydrocarbons (offshore and onshore), and real estate projects in the commercial and residential space. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ranked: The 25 Best Cities To Live In The World Learn More Undo Of the total new orders, international business contributed Rs 48,675 crore, also comprising 52% of the order inflow. The consolidated order book stood at Rs 6,12,761 crore as of June 30, 2025, up 6% from March-end. International orders formed 46% of the backlog. Commenting on the quarterly performance, Chairman & Managing Director S N Subrahmanyan said, 'At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher.' 'The projects and manufacturing businesses of the company continue to perform well. The record order book of Rs 6 lakh crore+ is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management,' he added. Subrahmanyan also pointed to L&T's investments in emerging segments. 'Company's new-age businesses like Semiconductor, Data Centers, Green Energy and Digital Platforms have been successfully incubated in the current strategic plan and we expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology-driven sectors and to stay future ready,' he said. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
India.com
27-07-2025
- Business
- India.com
Jackpot for THIS Indian company, begs MASSIVE construction contract in Oman, secures a repeat order from…, name of the company is…
New Delhi: In a major development, the Buildings & Factories (B&F) business vertical of Larsen & Toubro has secured massive orders in India and Oman. According to the reports, the B&F division of L&T Oman has secured a repeat order from a prestigious client for the construction of a premium office space in Muscat. Reports further add that the project involves constructing three identical towers, each with G+8 floors, built atop a shared two-level basement, and featuring a centrally located landscaped plaza. L&T has also secured an order from a reputed developer to construct residential towers in Mumbai, Maharashtra. This project comprises construction of RCC shell and core structures for two luxury towers in 1B+1G+5P+59 floors configuration, reaching up to 200 metres height. Here are some of the key details: The project encompasses the construction of three identical towers of G+8 floors, to be built above a shared two-level basement, along with a central landscaped plaza. The scope includes civil, architectural jobs, MEP, internal finishes for common areas, hardscaping and landscaping. The business has secured orders from the Andhra Pradesh Capital Region Development Authority. Construction of the Integrated Andhra Pradesh State Secretariat & HoD Offices (Towers 3 & 4) on design and construction basis. The project scope involves construction of two towers on basement + ground + 39 floors configuration including an amenities-building Construction of 21 residential towers, with the scope encompassing construction of RCC shell and core The towers will be constructed with architectural finishes, electrical, plumbing and sanitary fixtures, firefighting provisions, lifts, DG sets, HVAC systems, building security systems, internal roads, hardscaping and landscaping. Subrahmanyan sees remuneration jumps of 50 percent Chairman and Managing Director of Larsen & Toubro (L&T), S N Subrahmanyan, got a remuneration hike of nearly 50 percent in the financial year 2024–25. According to the company's latest annual report, Subrahmanyan received a total compensation of Rs 76.25 crore in FY25, up from Rs 51.05 crore in FY24. S N Subrahmanyan witnessed the salary hike after employee stock options (ESOPs) exercised during the year, valued at Rs 15.88 crore. Notably, no ESOPs were exercised by him in the previous financial year. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. All you need to know Larsen and Toubro Larsen & Toubro operates in over 50 countries across the globe. The company is currently engaged in EPC Projects, Hi-Tech Manufacturing and Services. L&T was the first company in India in the engineering and construction space to publicly disclose its sustainability performance. L&T was founded in 1946 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro L&T has been involved in the production of a range of hardware for every project of Indian Space Research Organisation (ISRO), including the Chandrayaan, Gaganyaan, and Mars Orbiter missions.
India.com
19-07-2025
- Business
- India.com
JACKPOT for L&T boss, Subrahmanyan sees remuneration jumps of 50 percent after…, earns Rs 760000000 pay in…, his net worth is…
SN Subrahmanyan (File) New Delhi: S N Subrahmanyan, chairman and Managing Director of Larsen & Toubro (L&T), witnessed a remuneration hike of nearly 50 percent in the financial year 2024–25. According to the company's latest annual report, Subrahmanyan received a total compensation of Rs 76.25 crore in FY25, up from Rs 51.05 crore in FY24. This massive increase was attributed to employee stock options (ESOPs) exercised during the year, valued at Rs 15.88 crore. Notably, no ESOPs were exercised by him in the previous financial year. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. The annual report highlighted that the remuneration of key managerial personnel reflects the company's strong performance, and the rewards are in line with industry benchmarks. Story in short: S N Subrahmanyan, chairman and Managing Director of Larsen & Toubro (L&T), witnessed a remuneration hike of nearly 50 percent in the financial year 2024–25. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. Subrahmanyan and his association with Larsen and Toubro Subrahmanyan joined the construction business of L&T in 1984 He joined as a project planning engineer after completing a degree in civil engineering and post-graduation in business management. The L&T construction business has grown multifold under his leadership It ranked among the top 25 global contractors after Subramanyan joined the company In 2011, Subrahmanyan was inducted into the L&T board. Under Naik's leadership, L&T transformed into a USD 17 billion group with presence not only in engineering and construction but also in technology, manufacturing and financial services operating in over 30 countries. About Larsen and Toubro Indian multinational firm Larsen & Toubro operates in over 50 countries across the globe. The company is currently engaged in EPC Projects, Hi-Tech Manufacturing and Services. According to L&T, it was the first company in India in the engineering and construction space to publicly disclose its sustainability performance. Founded in 1946 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, L&T has been involved in the production of a range of hardware for every project of Indian Space Research Organisation (ISRO), including the Chandrayaan, Gaganyaan, and Mars Orbiter missions. L&T started out as a private company but became a publicly listed firm in 1950, and over the years, leading business tycoons like Anil Ambani and Kumar Mangalam Birla, have tried to acquire it.
News18
17-07-2025
- Business
- News18
L&T chairman remuneration jumps 50 pc to Rs 76.25 cr in FY25
New Delhi, Jul 17 (PTI) The remuneration of Larsen & Toubro Chairman S N Subrahmanyan, who came into the spotlight months ago for endorsing a 90-hour work week, increased by almost 50 per cent to Rs 76.25 crore in FY25 over FY24. According to the company's annual report, the rise was mainly on account of stock options exercised during the year. Subrahmanyan was paid a remuneration of Rs 51.05 crore in 2023-24. The value of employee stock options (ESOP) exercised by the chairman during the last financial year stood at Rs 15.88 crore. In comparison, it was zero in 2023-24. The report further said that while the remuneration of the company's Whole-time Director and CFO R Shankar Raman stood at Rs 37.33 crore in FY25, Subramanian Sarma, the Deputy Managing Director & President of the infrastructure major, earned Rs 44.55 crore. The Larsen & Toubro chairman, a few months back, sparked an online outrage with his comments advocating a 90-hour work week and suggesting that employees should even give up Sundays. In response, the company had issued a statement clarifying that his comments were intended to highlight the importance of 'extraordinary effort" for achieving remarkable results, and not to pressure employees into extended working hours. PTI SID MR MR MR (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: July 17, 2025, 19:30 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
