How much is L&T worth in billion? (2024)

How much is L&T worth in billion?

Net assets on the balance sheet as of September 2023 : $11.25 B. According to Larsen & Toubro 's latest financial reports the company has $11.25 B in net assets.

What is the net worth of L&T?

Net assets on the balance sheet as of September 2023 : $11.25 B. According to Larsen & Toubro 's latest financial reports the company has $11.25 B in net assets.

Who is the largest shareholder of L&T?

L&t Employees Welfare Foundation Trust is currently the largest shareholder, with 14% of shares outstanding.

What is the total revenue of L&T?

For the nine months ended December 31, 2023, the Consolidated Revenues at ₹ 154,034 crore recorded a y-o-y growth of 23% with international revenues during the nine months at ₹ 65,220 crore constituting 42% of the total.

What is the rank of L&T in India?

What is the top salary of L&T?

The highest-paying job at Larsen & Toubro Limited is a Vice President with a salary of ₹88.2 Lakhs per year. The top 10% of employees earn more than ₹17.44 lakhs per year. The top 1% earn more than a whopping ₹36 lakhs per year. What is the minimum salary in Larsen & Toubro Limited?

Who is the owner of L&T?

Is L&T owned by Reliance?

So we are going. We have sold the entire shareholding of Reliance in L&T to Kumar Mangalam Birla'. Naik recalled that he got another call, this time from Birla, who said "you didn't come to us Naikji. So we have come to you." "In the end we kept L&T independent.

Is L&T a profitable company?

Company expects to end FY24 at 20% growth in orders

In the quarter, L&T reported a consolidated net profit (attributable to the owners of the company) of Rs 2,947 crore, up 15.45 per cent on a year-on-year (Y-o-Y) basis.

Is L&T an Indian company?

Larsen & Toubro is an Indian multinational engaged in EPC Projects, Hi-Tech Manufacturing and Services. It operates in over 50 countries worldwide.

What is the lowest salary of L&T?

Minimum salary at L&T Construction depends on the role you are applying for. For Site Engineer the minimum salary is ₹3.9 Lakhs per year, for Civil Site Engineer the minimum salary is ₹4.2 Lakhs per year and so on.

How many shares does L&T have?

As on 31-12-2023, the company has a total of 137.45 Crore shares outstanding.

What is the turnover of L&T in rupees?

At the end of fiscal year 2022, the net revenue of Larsen & Toubro (L&T) across India was around 1.57 trillion Indian rupees. This was estimated to increase to over 1.77 trillion rupees by the end of fiscal year 2023. The company is an Indian multi-national conglomerate with its headquarters in Mumbai.

What is the salary of manager in L&T India?

Average L&T Construction Manager salary in India is ₹16.5 Lakhs per year for employees with experience between 8 years to 19 years. Manager salary at L&T Construction ranges between ₹6.8 Lakhs to ₹27.2 Lakhs per year.

What is the new name of L&T?

Mindtree merger

In May 2022, it was announced that Mindtree, which was then a different IT services subsidiary of Larsen & Toubro, will be merged into LTI, and the company will be renamed as LTIMindtree. Larsen & Toubro Group chairman A. M.

Is L&T Financial good or bad?

L&T Finance has an employee rating of 3.6 out of 5 stars, based on 702 company reviews on Glassdoor which indicates that most employees have a good working experience there. The L&T Finance employee rating is in line with the average (within 1 standard deviation) for employers within the Finance industry (3.7 stars).

What is the salary of L&T employees in Kolkata?

in Kolkata, WB pay? The average L&T Technology Services Ltd. salary ranges from approximately ₹ 5,16,077 per year for Mechanical Engineer to ₹ 7,40,957 per year for Engineer.

What is the salary in L&T Salesforce?

L&T Finance Salesforce Developer salary in India ranges between ₹ ₹4.1 Lakhs to ₹ ₹12.9 Lakhs with an average annual salary of ₹ ₹7.2 Lakhs.

What is the salary of LTI in the US?

The average LTIMindtree salary ranges from approximately $47,434 per year for Technician to $147,087 per year for Security Officer. Average LTIMindtree hourly pay ranges from approximately $15.97 per hour for Customer Service Representative to $85.00 per hour for Senior Database Administrator.

Who is the new CEO of L&T?

S N Subrahmanyan, who is the Chief Executive Officer & Managing Director, has been re-designated as the Chairman and Managing Director of the company with effect from October 1, 2023, L&T said in an exchange filing.

How big is L&T?

Here is some information about the size of Larsen & Toubro (L&T): Total assets: $41 billion in 2023. Total equity: $13 billion in 2023. Number of employees: 245,677 in 2022.

Where is the headquarters of L&T?

Headquartered in Mumbai, Larsen & Toubro Limited is one of the largest and most respected companies in India's private sector.

Who saved L&T from Reliance?

How AM Naik saved L&T from takeover attempt by Ambani and Birla group without losing them as customers. Anil Manibhai Naik's journey with L&T began in 1965 as a junior engineer. Anil Naik's management style was characterized by being tough yet respectful.

Which company merged with L&T?

IT companies L&T Infotech (LTI) and Mindtree on Monday announced their merger came into effect today following regulatory and shareholder approvals. The combined entity LTIMindtree is now the fifth-largest IT services company in India in terms of current market capitalization.

Which is better L&T or Reliance?

Employee Ratings

Both tied in 2 areas: Compensation & Benefits and Career opportunities. Reliance Industries employees rated their Recommend to a friend 6% higher than Larsen & Toubro employees rated theirs.