Larsen & Toubro

Larsen & Toubro Limited
Company typePublic
ISININE018A01030
IndustryConglomerate
Founded7 February 1946 (7 February 1946)[1]
Bombay, Bombay Presidency, British India
(present-day Mumbai, Maharashtra, India)
Founders
  • Henning Holck-Larsen
  • Søren Kristian Toubro
HeadquartersL&T House, Ballard Estate,
Mumbai, Maharashtra
,
India[2]
Area served
Worldwide
Key people
Products
  • Construction & Mining Machinery
  • Defence Equipment and Vessels
  • Heavy Equipment
  • Power Generation Equipment
  • Rubber Processing Machinery
  • Valves
Services
Revenue 259,859 crore (US$31 billion)[3] (2025)
23,104 crore (US$2.7 billion)[3] (2025)
17,687 crore (US$2.1 billion)[3] (2025)
Total assets 379,524 crore (US$45 billion)[4] (2025)
Total equity 115,404 crore (US$14 billion)[4] (2025)
Number of employees
407,438 (including 348,094 workmen)[5] (2024)
Divisions
Subsidiaries
  • LTIMindtree
  • L&T Technology Services
  • L&T Heavy Engineering
  • L&T Metro Rail
  • L&T Realty
  • L&T Shipbuilding
Websitewww.larsentoubro.com

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, defence and financial services. It is headquartered in Mumbai, Maharashtra.

L&T was founded in 1938 in Bombay by Danish engineers Henning Holck-Larsen and Søren Kristian Toubro.[6][7]

As of 31 March 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.[8]

On 1 October 2023, S N Subrahmanyan took charge as Chairman and Managing Director of L&T.[9]

  1. ^ "incorporated on 07th February, 1946". www.larsentoubro.com. Retrieved 11 February 2022.
  2. ^ "Contact L&T". www.larsentoubro.com. Archived from the original on 12 February 2017. Retrieved 11 February 2017.
  3. ^ a b c "Larsen & Toubro Consolidated Profit & Loss account, Larsen & Toubro Financial Statement & Accounts" (PDF). www.bseindia.com. Retrieved 8 May 2024.
  4. ^ a b "Larsen & Toubro Consolidated Balance Sheet, Larsen & Toubro Financial Statement & Accounts" (PDF). www.nseindia.com. Retrieved 10 May 2023.
  5. ^ "Larsen & Toubro Annual Report Fiscal Year 2024 Results". larsentoubro.com. Larsen & Toubro. 26 June 2024. Retrieved 26 June 2024.
  6. ^ Shah, Shashank (18 February 2014). "Stakeholders Management in the Indian Construction Industry: Insights into the Approach at Larsen & Toubro's Construction Division". Journal of Values Based Leadership. 7 (1). Archived from the original on 23 May 2014. Retrieved 11 June 2014.
  7. ^ "Larsen & Toubro (L&T) | Who we are". L&T Construction. Retrieved 16 January 2024.
  8. ^ "Check out the larsen toubro ltd Management Discussions | Live stock/Share Prices at indiainfoline.com". indiainfoline.com. Retrieved 1 April 2023.
  9. ^ "SN Subrahmanyan named L&T CMD, AM Naik steps down". The Economic Times. 11 May 2023. Retrieved 1 December 2023.