Annual growth rate of revenue of L&T FY 2017-2024
At the end of fiscal year 2024, the annual growth rate of Larsen & Toubro across India was about 20.6 percent. A huge increase in comparison with the previous year. The decrease in 2021 was due to the lockdown and the after effects of the COVID-19 pandemic in that year. The company sold its electrical and automation business to Schneider Electric in 2020, with a view to focus on the EPC and service segment.