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.
L & T office in Manapakkam, Chennai with core sector divisions | |
Company type | Public |
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Traded as |
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ISIN | INE018A01030 |
Industry | Conglomerate |
Founded | 7 February 1946 Bombay, Bombay Presidency, British India (present-day Mumbai, Maharashtra, India) |
Founders |
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Headquarters | L&T House, Ballard Estate, Mumbai, Maharashtra , India |
Area served | Worldwide |
Key people |
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Products |
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Services |
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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 |
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Subsidiaries |
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Website | www |
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.