About Larsen & Toubro Limited (L&T)

 

Larsen & Toubro Limited (L&T) is a professionally managed Indian multinational incorporated on February 07, 1946, with its registered office at L&T House, Ballard Estate, Mumbai . The company is a leading player in engineering, procurement and construction (EPC) projects and hi‑tech manufacturing, creating assets and products for infrastructure, energy, oil & gas, metals, process plants and other sectors . L&T’s portfolio also spans IT and technology services, financial services, realty, construction and mining machinery, and digital platforms such as B2B marketplaces and data centre services .

 

The company operates across India and internationally in markets such as the United States, the Kingdom of Saudi Arabia, the United Arab Emirates, Qatar and the United Kingdom, supported by a wide network of subsidiaries and joint operations . As at March 31, 2025, the L&T Group comprised 87 subsidiaries, 6 associate companies, 11 joint ventures and 36 jointly held operations, reflecting its diversified presence and scale .

 

Key milestones in the latest year include the merger of L&T Energy Hydrocarbon Engineering Limited and L&T Offshore Private Limited with L&T with effect from April 01, 2024, streamlining the energy engineering businesses into the parent . The company concluded the sale of its stake in L&T Infrastructure Development Projects (Epic Concesiones 3 Limited) on April 10, 2024, as part of portfolio rebalancing, and made L&T Special Steels and Heavy Forgings Private Limited a wholly owned subsidiary in February 2025 by acquiring the remaining 26% stake  . L&T also acquired a 15% stake in E2E Networks Limited on December 04, 2024, recognising it as an associate . The Group’s international credibility was underlined by ‘BBB+’ ratings with a stable outlook from S&P and Fitch .

 

Larsen & Toubro Limited’s (L&T) Key Management

 

• Mr. S. N. Subrahmanyan – Chairman & Managing Director

 

• Mr. Subramanian Sarma – Deputy Managing Director & President

 

• Mr. R. Shankar Raman – President, Whole‑time Director & CFO

 

• Mr. S. V. Desai – Whole‑time Director & Sr. Executive Vice President (Civil Infrastructure)

 

• Mr. T. Madhava Das – Whole‑time Director & Sr. Executive Vice President (Utilities)

 

• Mr. Anil V. Parab – Whole‑time Director & Sr. Executive Vice President (Heavy Engineering & L&T Valves)

 

Latest Updates on  Larsen & Toubro Limited (L&T)

 

• Strategic portfolio actions: Completed the sale of the company’s stake in L&T IDPL on April 10, 2024; merged L&T Energy Hydrocarbon Engineering Limited and L&T Offshore Private Limited into L&T from April 01, 2024; and made L&T Special Steels & Heavy Forgings a wholly owned subsidiary in February 2025   .

 

• Investments: Acquired 15% in E2E Networks Limited via preferential allotment on December 04, 2024, now classified as an associate .

 

• Order momentum: Group order inflows rose 17.8% year‑on‑year to Rs 3,56,631 crore, with international order wins contributing 58%, led by Middle East investments .

 

• Technology and services: L&T Technology Services (LTTS) acquired Intelliswift Inc. and created a new Software & Platforms segment; L&T Semiconductor Technologies Limited (incorporated November 2023) advanced the Group’s fabless semiconductor ambitions with teams across the US, Europe, Japan, India and Taiwan .

 

• Partnerships and projects: Collaborated with ISRO on the GSLV F15 launch marking the 100th lift‑off from Sriharikota; scaled digital ventures such as L&T‑SuFin (B2B marketplace) and L&T‑Cloudfiniti (data centre and cloud services) .

 

• Recognition: Maintained international ‘BBB+’ ratings with a stable outlook from S&P and Fitch, two notches above India’s sovereign rating .