Investment Ideas: Larsen & Toubro Limited

Founded in 1938, Larsen & Toubro Limited (L&T) is one of the largest and most respected companies in India’s private sector, with global operations and turnover exceeding USD 14 billion. The company has business interests in Hydrocarbon, Heavy Engineering, Construction, Power, Electrical & Automation, Machinery & Industrial Products, Information Technology, Financial Services, Shipbuilding, & Railway Projects. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business over seven decade. Larsen & Toubro is ranked the world’s 9th Most Innovative Company by Forbes International.

For Jun-13 quarter standalone company’s sales increased by 5% year on year while profit was down by 12%.

Invest for long term

Yearly Financials (Rs in Crore)

Quarterly Financials (Rs in Crore)

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Any purchase/sale of a stock involves a high degree of investment risk. Caution all investors that they may lose some or all of their investment if they decide to purchase any stock listed here.