Company Deep Dives

Larsen & Toubro (L&T) is often described as an infrastructure giant, but that description understates the scale and diversity of its business. From executing large infrastructure projects to manufacturing high-end equipment and providing technology services, L&T operates across multiple profit pools. This article breaks down how Larsen & Toubro makes money, where its revenues come … Read more

Introduction: Why HUL’s Business Model Matters in 2025 Hindustan Unilever Limited (HUL) is India’s largest FMCG company, touching nearly every consumer category—from detergents to teas, skin care to nutrition. Yet, the company’s true strength lies in its business model: scale, distribution, premiumisation, and consistent category leadership. This deep dive uses the FY25 Annual Report and … Read more