ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Larsen and Toubro, Century Textiles and Industries and Godfrey Phillips India

LARSEN AND TOUBRO Impetus to Exports Larsen and Toubro, the engineering and construction conglomerate, is making its mark on the international arena. Export revenue in 2002-03 were 17 per cent of net sales, up from 2 per cent four years ago and 15 per cent last year. Last year, the company has been able to corner prestigious international turnkey contracts including a gas processing and pipeline project in Tanzania and an offshore platform for petroleum in Qatar. Net sales for 2002-03 stood at Rs 9360 crore as against Rs 7726 crore in the previous year registering an increase of 21 per cent. Similarly, profits after tax were up from Rs 347 crore in 2001-02 to Rs 433 crore

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