Larsen & Toubro

Larsen & Toubro Limited, abbreviated as L&T, is an Indian multinational conglomerate, with interests in industrial technology, heavy industry, engineering, construction, manufacturing, power, information technology, military and financial services. It is headquartered in Mumbai, Maharashtra.

Larsen & Toubro Limited
Company typePublic
Traded as
ISININE018A01030
IndustryConglomerate
Founded7 February 1946 (7 February 1946)
Bombay, Bombay Presidency, British India
(present-day Mumbai, Maharashtra, India)
Founders
HeadquartersL&T House, Ballard Estate,
Mumbai, Maharashtra
,
India
Area served
Worldwide
Key people
Products
  • Construction & Mining Machinery
  • Defence Equipment and Vessels
  • Heavy Equipment
  • Power Generation Equipment
  • Rubber Processing Machinery
  • Valves
Services
Revenue 186,269 crore (US$23 billion) (2023)
17,109 crore (US$2.1 billion) (2023)
Net income
10,470 crore (US$1.3 billion) (2023)
AUM 75,592 crore (US$9.5 billion) (2022)
Total assets 330,352 crore (US$41 billion) (2023)
Total equity 103,567 crore (US$13 billion) (2023)
Number of employees
245,677 (2022)
Divisions
Subsidiaries
Websitewww.larsentoubro.com

L&T was founded in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.

As of March 31, 2022, the L&T Group comprises 93 subsidiaries, 5 associate companies, 27 joint ventures and 35 jointly held operations, operating across basic and heavy engineering, construction, realty, manufacturing of capital goods, information technology, and financial services.

On October 1, 2023, S N Subrahmanyan took charge as Chairman and Managing Director of L&T.

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