Founded in 1938 by Danish engineers Henning Holck-Larsen and Soren Kristian Toubro, L&T has grown into a global conglomerate. Initially focused on engineering and construction, it expanded into technology, manufacturing, and digital services.
L&T operates on a diversified business model, offering engineering, construction, IT services, and financial products. It emphasizes project management and technological innovation, sustaining itself through long-term contracts and diversified revenue streams.
| Segment | Revenue Contribution |
|---|---|
| Engineering, Procurement, Construction (EPC) | Major contributor through large-scale projects. |
| IT Services (LTIMindtree, LTTS) | Significant income from digital services and R&D. |
| Financial Services (L&T Finance Holdings) | Key contributor through retail finance and asset management. |
L&T offers cutting-edge engineering solutions across diverse sectors. Its value lies in delivering large-scale projects efficiently and leveraging advanced technologies for sustainable growth. The company's leadership in technology and infrastructure supports India's growth, while also expanding globally.
S. N. Subrahmanyan has over three decades of experience at L&T and has led the company to expand its footprint globally. R. Shankar Raman is known for driving financial prudence, while Subramanian Sarma is instrumental in L&T's growth in the energy sector.
The company has seen a stable leadership team with no major recent changes, ensuring continuity in its strategic initiatives.