Latest news about Larsen & Toubro
Larsen & Toubro
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More news about Larsen & Toubro
28Jul 25
L&T to Unveil Q1FY26 Results on July 29, Shares Down 6.57% YTD
Larsen & Toubro (L&T) will release its Q1 FY26 financial results on July 29, 2025, with a Board meeting scheduled for the same day. The company will host a virtual earnings conference call and has closed its trading window from July 1, 2025, until 48 hours after the results declaration. L&T's previous quarter showed strong performance with 11% YoY growth in consolidated revenue and 25% growth in net profit. The company's stock has recently experienced a 1.82% decline over five trading sessions and a 6.57% decrease year-to-date, currently trading at ₹3,426.60 on the NSE.
28Jul 25
Larsen & Toubro Shares Worth ₹85.83 Crore Traded in NSE Block Deal
A significant block trade of Larsen & Toubro (L&T) shares occurred on the National Stock Exchange. The transaction involved 250,452 shares at ₹3,427.20 per share, totaling ₹85.83 crore. This large-scale trade could potentially impact L&T's stock price and trading patterns.
28Jul 25
Larsen & Toubro Executes ₹60.34 Crore Block Trade on NSE
Larsen & Toubro (L&T) conducted a significant block trade on the National Stock Exchange (NSE), involving 176,076 shares at ₹3,426.90 per share, totaling ₹60.34 crore. This transaction highlights substantial market activity for L&T stock and indicates continued interest from institutional investors. While the parties involved were not disclosed, such trades often signal strategic moves by large shareholders or portfolio adjustments.
24Jul 25
L&T Secures Large Contract Worth ₹25-50 Billion, Adds to Recent Project Wins
Larsen & Toubro (L&T) has secured a large contract valued between ₹25.00 billion to ₹50.00 billion, adding to its recent string of project acquisitions. The company has also won two major orders in Andhra Pradesh for the construction of the State Secretariat and residential towers, a luxury residential project in Mumbai, and an office space project in Muscat through its Oman division. These wins showcase L&T's strong market position and diverse project portfolio across different sectors and geographies.
22Jul 25
Larsen & Toubro Shares Trade in Significant Block Deals on NSE
Larsen & Toubro (L&T) experienced two major block deals on the National Stock Exchange. The first transaction involved 200,695 shares at Rs. 3,478.10 per share, totaling Rs. 69.80 crores. The second deal saw 350,852 shares traded at Rs. 3,473.10 per share, amounting to Rs. 121.85 crores. The combined value of these trades reached Rs. 191.65 crores, indicating strong investor interest in L&T shares.
22Jul 25
Larsen & Toubro Executes Rs. 69.80 Crore Block Trade on NSE
Larsen & Toubro (L&T) experienced a significant block trade on the National Stock Exchange (NSE), involving 200,695 shares. The trade was executed at Rs. 3,478.10 per share, totaling Rs. 69.80 crores. This transaction highlights the continued interest in L&T's shares among large investors. While the parties involved were not disclosed, such trades often indicate strategic moves by institutional investors or major stakeholders. L&T, a multinational conglomerate, has a strong presence in engineering, construction, manufacturing, and technology services, with significant involvement in power, hydrocarbon, and defense sectors.
21Jul 25
L&T to Establish India's Largest Green Hydrogen Plant at IOCL Panipat Refinery
Larsen & Toubro's green energy arm, LTEG, plans to establish India's largest green hydrogen plant at IOCL's Panipat Refinery. The facility will supply 10,000 tonnes of green hydrogen annually for 25 years, supporting IOCL's decarbonization efforts. The project aligns with India's National Green Hydrogen Mission and will use L&T's indigenously manufactured electrolysers. L&T shares saw a 0.50% increase following the announcement.
21Jul 25
L&T Energy GreenTech to Build India's Largest Green Hydrogen Plant for IOCL
L&T Energy GreenTech Ltd (LTEG), a subsidiary of Larsen & Toubro, will establish India's largest green hydrogen plant at IOCL's Panipat Refinery. The plant will supply 10,000 tonnes of green hydrogen annually for 25 years, operating 24/7 using renewable energy and high-pressure alkaline electrolysers. This project aligns with India's National Green Hydrogen Mission and IOCL's decarbonization strategy, setting a precedent for industrial-scale adoption of green hydrogen across various sectors.
17Jul 25
L&T Chairman's Remuneration Surges 50% to Rs 76.25 Crore Amid Work Week Controversy
Larsen & Toubro (L&T) Chairman S N Subrahmanyan's remuneration increased by nearly 50% to Rs 76.25 crore, primarily due to stock options. This comes after his controversial advocacy for a 90-hour work week. L&T also announced plans for a Q1 FY26 Earnings Conference Call on July 29, 2025, to be held virtually.
17Jul 25
L&T Announces ₹1,000 Crore Investment in Katupalli Shipbuilding Complex
Larsen & Toubro (L&T) has announced plans to invest ₹1,000 crore in its Katupalli shipbuilding complex on India's east coast. This significant investment aims to enhance L&T's shipbuilding capabilities and infrastructure, potentially enabling the company to undertake larger and more complex projects. While specific details about the investment's timeline and allocation are not disclosed, the move indicates L&T's confidence in the growth potential of its shipbuilding business and its strategy to strengthen its position in both domestic and international markets.
17Jul 25
Larsen & Toubro Shares See Significant Block Trade on NSE
Larsen & Toubro Ltd. (L&T) experienced a significant block trade on the National Stock Exchange (NSE). The transaction involved 534,508 shares traded at Rs. 3,503.90 per share, totaling Rs. 187.29 crores. This large-scale trade indicates substantial investor interest in the infrastructure and engineering conglomerate, potentially influencing market sentiment towards L&T stock.
16Jul 25
L&T CEO's Compensation Soars 49% Amid Strong Financial Performance in FY25
Larsen & Toubro (L&T) reported a 49.4% increase in CEO SN Subrahmanyan's remuneration to ₹76.25 crore in FY25, driven by stock options worth ₹16 crore. The company's financial performance was robust, with net profit rising 15% to ₹15,037 crore and revenue increasing 16% to ₹2.56 lakh crore. Despite strong financials, L&T's stock showed subdued performance with a 2.3% return in 2024 and a 3% decline year-to-date in 2025.
07Jul 25
L&T Secures ₹5,000 Crore Contract for Mumbai-Ahmedabad Bullet Train Project
Larsen & Toubro (L&T) has won a significant contract worth ₹5,000 crores for the construction of the T1 Track in the Mumbai-Ahmedabad Bullet Train project. This contract is a crucial component of India's ambitious high-speed rail infrastructure initiative. The project aims to revolutionize inter-city travel between Mumbai and Ahmedabad, two major economic hubs. L&T's involvement in this prestigious project underscores its expertise in handling large-scale, complex engineering projects and its role in shaping India's future transportation landscape.
30Jun 25
L&T Expands into Green Hydrogen: Forms New Subsidiary and Secures Land in Gujarat
Larsen & Toubro (L&T) has incorporated a new subsidiary, Panipat Green Hydrogen Pvt Ltd, for green hydrogen projects. The company has also acquired land in Kandla, Gujarat for green hydrogen and ammonia projects. Fitch Ratings has affirmed L&T's long-term foreign and local currency issuer default ratings at 'BBB+' with a stable outlook, indicating strong financial stability.
27Jun 25
Larsen & Toubro Sees Block Trade of 50,221 Shares on NSE
A block trade of 50,221 Larsen & Toubro (L&T) shares was executed on the National Stock Exchange (NSE), valued at Rs. 18.53 crores. The transaction occurred at Rs. 3,689.50 per share, totaling approximately Rs. 18.53 crores. This substantial trade suggests continued interest in the infrastructure giant among institutional investors or large traders.
26Jun 25
Larsen & Toubro Shares: Major Block Trade Worth ₹69.73 Crore on NSE
A significant block trade of Larsen & Toubro (L&T) shares occurred on the National Stock Exchange. The transaction involved 192,172 shares at ₹3,628.40 per share, totaling ₹69.73 crore. This large-scale trade could indicate institutional interest or potential changes in major shareholdings, though the identities of the buyer and seller remain undisclosed.
23Jun 25
Larsen & Toubro Pioneers India's ESG Bond Market with ₹500 Crore Issuance on NSE
Larsen & Toubro (L&T) has successfully launched India's first Environmental, Social, and Governance (ESG) bonds, valued at ₹500 crore, on the National Stock Exchange. The bonds were issued as Non-Convertible Debentures with a 6.35% coupon rate and a 3-year maturity period. This initiative aligns with SEBI's new ESG framework and supports L&T's sustainability goals, including water neutrality by 2035 and carbon neutrality by 2040. The move could potentially encourage other Indian corporations to explore similar sustainable finance options.
19Jun 25
Larsen & Toubro Raises ₹5,000 Crore in Maiden ESG Bond Issue
Larsen & Toubro (L&T) has successfully raised ₹5,000 crore through its first Environmental, Social, and Governance (ESG) bond issue. The bonds were issued at a 6.35% coupon rate, attracting a premium over regular bonds. L&T is open to future ESG-linked issuances based on market conditions. This move aligns L&T's financing strategies with sustainable practices and positions it as a pioneer in ESG funding among Indian engineering and construction firms.
17Jun 25
Larsen & Toubro Expands Green Energy Portfolio with Land Acquisition in Gujarat
Larsen & Toubro (L&T) has acquired land in Kandla, Gujarat for green hydrogen and ammonia projects. The company reports progress in electrolyser manufacturing and received US Department of Energy approval for small modular reactor technology transfer. L&T is developing proprietary clean energy technology and focusing on cost-effective solutions for emerging markets.
10Jun 25
L&T Secures Major Power Transmission Orders in India and Middle East Worth Rs 5,000-10,000 Crore
Larsen & Toubro (L&T) has won significant orders for power transmission projects in Andhra Pradesh, India, and the Middle East. The contracts, valued between Rs 5,000 crore and Rs 10,000 crore, include the construction of 765kV and 400kV transmission lines in Andhra Pradesh and 220kV and 132kV Gas Insulated Substations in the Middle East. These projects aim to integrate renewable energy sources into the power grid and fall under L&T's 'significant' category of contracts.
09Jun 25
L&T Secures Significant Order from JSW Energy for Bhavali Pumped Storage Project
Larsen & Toubro's Heavy Civil Infrastructure business has won a significant order valued between ₹1,000.00 crore and ₹2,500.00 crore from JSW Energy for the 1,500 MW Bhavali Pumped Storage Project in Maharashtra. The scope includes executing all civil works, including reservoir construction, tunneling, and building an underground powerhouse.
06Jun 25
Larsen & Toubro Pioneers Rs 500 Crore ESG Bond Issuance Under New SEBI Framework
Larsen & Toubro (L&T) has issued a Rs 500.00 crore Environmental, Social, and Governance (ESG) bond, becoming the first Indian corporate to do so under SEBI's new ESG and sustainability-linked bond framework. L&T partnered with HSBC as the sole lead arranger for this issuance. The company has committed to reducing freshwater withdrawal intensity, lowering greenhouse gas emissions, achieving water neutrality by 2035, and carbon neutrality by 2040. This move is expected to set a precedent for sustainable finance in India and attract environmentally conscious investors.
03Jun 25
L&T Secures Significant Water Treatment Projects Worth Up to ₹2,500 Crore in Rajasthan
Larsen & Toubro (L&T) has won water treatment projects in Rajasthan valued between ₹1,000 crore to ₹2,500 crore. The projects, awarded by Rajasthan's public health engineering department, include rural water supply, fluorosis mitigation, and water system rehabilitation in Jhunjhunu and Ajmer districts. The scope involves pipeline installation, reservoir construction, and associated works. This contract falls under L&T's 'significant' category in their contract classification system.
30May 25
MMRDA Scraps L&T's ₹14,000 Crore Tender Process
The Mumbai Metropolitan Region Development Authority (MMRDA) has cancelled a tender process for a ₹14,000 crore project involving Larsen & Toubro (L&T). The specific nature of the project and reasons for cancellation are undisclosed. This decision could potentially impact L&T's order book and project pipeline in the Mumbai region. The cancellation highlights the complexities in large-scale infrastructure projects in rapidly developing urban areas.
29May 25
Maharashtra Defends L&T's Disqualification from ₹14,000 Crore Infrastructure Projects
Larsen & Toubro (L&T) has been disqualified from two major infrastructure projects worth ₹14,000 crore by the Maharashtra government. The state government maintains that the disqualification is based on substantial grounds, while L&T questions the transparency of the process. The case is set for a Supreme Court hearing on May 30, with potential implications for infrastructure development and project allocation processes in India.
21May 25
Larsen & Toubro Shares See Significant Block Trade on NSE
A significant block trade of 351,195 Larsen & Toubro (L&T) shares occurred on the National Stock Exchange, valued at Rs. 125.05 crore. The shares were traded at Rs. 3,560.80 each. This large-scale transaction has drawn market attention due to its potential impact on the stock's performance and trading volume. The identities of the buyer and seller remain undisclosed.
20May 25
Larsen & Toubro Faces Setback in MMRDA Tender Dispute
Larsen & Toubro's (L&T) petitions challenging MMRDA's non-intimation of bid status for Mumbai infrastructure projects worth Rs 6,000 crore were rejected by the Bombay High Court. MMRDA can now open tender bids, but L&T's price bids must remain sealed for a week. This decision creates uncertainty for L&T's participation in these significant urban development projects.
15May 25
L&T Boosts Stake in E2E Networks to 18.99% Through Secondary Acquisition
Larsen & Toubro (L&T) has increased its stake in E2E Networks, a cloud computing and data center company, to 18.99% through a secondary acquisition of 595,916 equity shares from the company's promoter. This move aligns with L&T's strategy to expand its digital portfolio. L&T plans to limit its secondary acquisition from the promoter to 2.98%, indicating a measured approach to its investment.
14May 25
Larsen & Toubro Shares See Major Block Trade on NSE Worth ₹72.91 Crore
Larsen & Toubro (L&T) experienced a significant block trade on the National Stock Exchange, with 204,363 shares changing hands at ₹3,567.90 per share. The total transaction value amounted to ₹72.91 crore. While the identities of the buyer and seller remain undisclosed, the trade's magnitude suggests involvement of major institutional investors or substantial shareholders.
14May 25
Larsen & Toubro Shares See Significant Block Trade on NSE
A significant block trade of 243,367 Larsen & Toubro (L&T) shares occurred on the National Stock Exchange (NSE) at Rs. 3,579.80 per share, totaling Rs. 87.12 crores. This large transaction has drawn market attention due to its size and potential impact on L&T's stock. While the reasons behind such trades can vary, they often indicate shifts in institutional holdings or reflect large investors' views on a company's prospects.
13May 25
L&T's Stock Surges on Record Order Inflow and Strong Financial Outlook
Larsen & Toubro's stock has risen 8% in three days following announcements of record annual order inflow for FY25 and positive projections for FY26. The company's order book has grown 22% year-on-year to Rs 5.8 lakh crore, with 46% coming from international orders. L&T expects an 8.5% EBITDA margin for FY26 in its core engineering segment and projects 10% order inflow growth. The company has also secured two major government construction projects in New Delhi and Andhra Pradesh. L&T's Q4 FY25 results show a 25% increase in consolidated net profit to Rs 5,497.00 crore, with an interim dividend of Rs 34.00 per share declared.
09May 25
L&T Unveils Ambitious Growth Targets and Green Energy Focus for FY26
Larsen & Toubro (L&T) has announced its strategic vision for FY26, targeting 10% YoY growth in order inflows, 15% growth in revenues, and 8.5% margins for its projects and manufacturing portfolio. The company expects its prospects pipeline to reach Rs 19 trillion by FY26, a 57% YoY increase. L&T is emphasizing expansion in the green energy sector, particularly in international markets, renaming its division to 'L&T Energy Green and Clean Energy Business'.
09May 25
Larsen & Toubro: Strong Q4 Results and FY25 Performance, But Macro Risks Loom
Larsen & Toubro (L&T) reported strong Q4 FY25 results, with consolidated Profit After Tax (PAT) rising 25% to ₹5,497.00 crore. Revenue from operations reached ₹74,392.28 crore. Full-year PAT grew 15% to ₹15,037.00 crore, including an exceptional gain. The stock jumped nearly 5% post-announcement, reflecting investor confidence. These results demonstrate L&T's market resilience and strong positioning in India's infrastructure sector.
08May 25
L&T Sets Sights on Expanded Defense and Nuclear Opportunities
Larsen & Toubro (L&T) is strategically positioning itself for growth in defense and nuclear sectors. The company is strengthening collaboration with the Indian government in defense, exploring international defense markets, and showing interest in the nuclear space pending government legislation. These moves align L&T's business strategy with national priorities and global opportunities, potentially strengthening its project pipeline and revenue streams.
08May 25
Larsen & Toubro Forecasts Robust Growth for FY 2025-26
Larsen & Toubro (L&T) has announced ambitious growth projections for FY 2025-26. The company expects a 10% increase in its order book and a 15% rise in revenue compared to the previous year. L&T also anticipates continued momentum in international orders, indicating strong global presence. These projections suggest a positive outlook for L&T's future performance in the engineering and construction sector.
08May 25
Larsen & Toubro Boosts Dividend, Reports Strong Q4 Profit Growth
Larsen & Toubro (L&T) has announced a 21.43% increase in its final dividend to Rs 34.00 per share for FY 2025. The company reported a 25% year-on-year rise in Q4 consolidated net profit to Rs 5,497.00 crore, surpassing analyst expectations. For FY 2024, L&T's revenue grew by 20.94% to Rs 225,270.90 crore, while net profit increased by 23.33% to Rs 15,569.70 crore. Despite a slight decline in Operating Profit Margin, the company's overall financial performance demonstrates strong growth and operational efficiency.
08May 25
Larsen & Toubro Reports Strong Growth: 15% CAGR in Order Book and Robust Q4 FY25 Results
Larsen & Toubro (L&T) has achieved a 15% CAGR in its order book from FY21 to FY25, driven by international business, especially from the Middle East. Q4 FY25 saw a 25% increase in consolidated net profit to ₹5,497.00 crore and 11% revenue growth to ₹74,392.00 crore. L&T projects ₹12.00 trillion in international opportunities for FY26 compared to ₹7.00 trillion domestically. The company has set a 15% revenue growth guidance for FY26 and improved its margin guidance to 8.50%.
07May 25
L&T's Q4FY25 Profit Poised for Growth: Analysts Expect Up to 17% YoY Increase
Larsen & Toubro (L&T) is projected to show robust financial performance in Q4FY25. Analysts estimate net profit growth of 7-17% YoY, reaching Rs 4,692-5,055 crore. Revenue is expected to increase by 11-17% YoY to Rs 74,563-78,490 crore. EBITDA margin is forecasted at 10.5-10.7%. Strong order inflow growth is anticipated, particularly from Middle East projects. This comes after a slight dip in Q3FY25 performance, indicating a potential strong recovery for L&T.
06May 25
Larsen and Toubro Ltd. Sets Date for Q4 and FY25 Results Announcement
Larsen and Toubro Ltd. (L&T) will disclose its Q4 and full fiscal year 2025 financial results on May 8, 2025. The Board of Directors will consider dividend recommendations during this meeting. The company has closed the trading window for designated persons in compliance with regulatory norms. An earnings call is scheduled following the results announcement to discuss the company's performance and future outlook.
23Apr 25
Larsen & Toubro Shares See Significant Block Trade on NSE
A significant block trade of Larsen & Toubro (L&T) shares occurred on the National Stock Exchange. The transaction involved 77,474 shares at Rs. 3,283.20 per share, totaling Rs. 25.44 Crores. This large-scale trade suggests potential institutional interest and market confidence in L&T's stock, while also demonstrating the stock's liquidity.
11Apr 25
Larsen & Toubro Shares: Major Block Trade Executed on NSE
A significant block trade of 102,218 Larsen & Toubro Ltd. (L&T) shares was executed on the National Stock Exchange (NSE) at Rs. 3,118.10 per share, totaling Rs. 31.87 crores. This transaction highlights continued investor interest in the Indian engineering and construction conglomerate. L&T also maintains a diverse portfolio of non-convertible debentures (NCDs) with various maturity dates and coupon rates, demonstrating the company's active presence in the debt market.
04Apr 25
Larsen & Toubro Expands Green Energy Portfolio with New Subsidiary
Larsen & Toubro's subsidiary, L&T Energy Green Tech Limited, has incorporated a new wholly-owned subsidiary named L&T Green Energy Kandla Private Limited (LTGEK) on April 4, 2025. LTGEK, with an authorized capital of Rs. 1,00,000, will focus on developing green hydrogen and its derivatives, including green ammonia. This strategic move aligns with global clean energy trends and positions L&T at the forefront of India's green energy transition.
01Apr 25
L&T Secures Large Contract and Wins Multiple Power Transmission Orders
Larsen & Toubro (L&T) has won a large contract valued between ₹2,500-5,000 crore. Additionally, L&T's Power Transmission & Distribution business secured multiple orders in India and abroad. Domestic projects include a 765kV Gas Insulated Substation and a transmission line in western India. International orders span Saudi Arabia, UAE, Qatar, and Oman, involving various transmission line and substation projects. These contracts highlight L&T's strong market position and growth in the infrastructure sector.
26Mar 25
L&T Secures Record-Breaking Ultra Mega Contract Worth Over ₹15,000 Crore from QatarEnergy LNG
Larsen & Toubro (L&T) has been awarded its largest single contract by QatarEnergy LNG for the North Field Production Sustainability Offshore Compression Project. Valued at over ₹15,000 crore, the project involves engineering, procurement, fabrication, installation, and commissioning of two offshore compression complexes off Qatar's northeast coast. The scope includes large offshore platforms with compression & power generation facilities, living quarters, and associated structures. This Ultra-Mega project strengthens L&T's global energy portfolio and partnership with Qatar.
25Mar 25
L&T Poised for Strong Q4 Performance: Goldman Sachs Bullish on Growth Prospects
Goldman Sachs expects Larsen & Toubro (L&T) to deliver strong Q4 results, projecting 18% core revenue growth year-over-year. The investment bank maintains a 'buy' rating with a target price of ₹3,640 per share. L&T has formed strategic AI partnerships with Hanooman AI, CoRover, and Pidima AI through its L&T-Cloudfiniti division. Additionally, L&T Energy Green Tech Limited signed an MoU with John Cockerill to explore Concentrated Solar Power and Thermal Energy Storage technologies.
25Mar 25
L&T-Cloudfiniti Forges Strategic AI Partnerships to Revolutionize Healthcare and Vertical Solutions
Larsen & Toubro's technology arm, L&T-Cloudfiniti, has formed partnerships with three AI startups: Hanooman AI, CoRover, and Pidima AI. These collaborations aim to advance AI-driven solutions in healthcare, life sciences, and vertical AI applications. Hanooman AI will focus on improving healthcare outcomes and research. CoRover will enhance user experiences through conversational AI. Pidima AI will provide Agentic AI solutions for regulated industries. This strategic move aligns with L&T's vision to leverage technology for growth and innovation across various sectors.
24Mar 25
L&T Expands Green Energy Portfolio: Partnerships in Concentrated Solar Power and Thermal Energy Storage
Larsen & Toubro (L&T) is expanding its presence in the green energy sector through two key partnerships. L&T Energy Green Tech Limited has signed an MoU with John Cockerill Energy to explore Concentrated Solar Power and Thermal Energy Storage technologies. The collaboration aims to combine L&T's manufacturing and EPC expertise with John Cockerill's energy transition solutions. L&T is also exploring other green power technologies, including hydrogen production, to support India's transition towards cleaner energy sources.
24Mar 25
L&T Board Approves ₹12,000 Crore Borrowing Plan, Announces Key Leadership Changes
Larsen & Toubro (L&T) has approved a ₹12,000 crore long-term borrowing plan. The company also announced key leadership changes, including the appointment of Subramanian Sarma as Deputy Managing Director & President effective April 2, 2025. S. V. Desai and T. Madhava Das were re-appointed as Whole-time Directors. These decisions indicate potential expansion plans and long-term succession strategy for the engineering conglomerate.
24Mar 25
Larsen & Toubro Appoints Deputy MD and Approves ₹12,000 Crore Borrowing Plan
Larsen & Toubro (L&T) has announced significant changes in its top management and financial strategy. Subramanian Sarma has been promoted to Deputy Managing Director & President with a term extended until February 2028. The company's board has also approved long-term borrowings of up to ₹12,000 crore, providing substantial financial flexibility for future growth initiatives.
21Mar 25
L&T Accelerates Growth: Subramanian Sarma Elevated to Deputy Managing Director & President
Larsen & Toubro (L&T) has announced the promotion of Subramanian Sarma to Deputy Managing Director & President, effective April 2, 2025. Sarma's term is extended until February 3, 2028, subject to shareholders' approval. The company also re-appointed S.V. Desai and T. Madhava Das as Whole-time Directors. L&T's Board approved long-term borrowings of up to ₹12,000.00 crore. The company's Buildings & Factories vertical secured a large order from the Brigade Group for residential and commercial towers in Hyderabad and Chennai.
21Mar 25
L&T Secures Major Contracts Worth Up to ₹5,000 Crore from Brigade Group
Larsen & Toubro's Buildings & Factories vertical has won significant orders valued between ₹2,500 crore to ₹5,000 crore from Brigade Group. The contracts involve constructing residential and commercial towers in Hyderabad and Chennai, including projects like Brigade Gateway Residences, Brigade World Trade Centre, Brigade Altius, and Brigade Morgan Heights. This win strengthens L&T's order book and reinforces its position as a key player in the engineering and construction sector.
21Mar 25
Larsen & Toubro Approves 120 Billion Rupees in Long-Term Borrowings, Shares Rise
Larsen & Toubro's board has approved long-term borrowings of up to 120 billion rupees ($1.45 billion). The decision led to an uptick in L&T's share price during early trading, reflecting positive market sentiment. This substantial borrowing could fund major projects, expand operations, or facilitate strategic investments, signaling potential ambitious growth plans for the Indian multinational conglomerate.
19Mar 25
L&T Secures Lowest Bid for ₹800 Crore Amaravati Project, Plans Fund Raising
Larsen & Toubro (L&T) has emerged as the lowest bidder for an ₹800 crore urban infrastructure project in Amaravati. The company has also announced a board meeting on March 21, 2025, to seek approval for raising funds through a debt issue.
18Mar 25
Larsen & Toubro to Consider Debt-Based Fund Raising in Upcoming Board Meeting
Larsen & Toubro (L&T) has scheduled a board meeting for March 21, 2025, to discuss and potentially approve a significant fund-raising initiative through debt instruments. The company will also participate in an investor meeting organized by Jefferies on March 27, 2025. This move suggests L&T may be looking to finance projects, fund expansion plans, or restructure its debt profile.
13Mar 25
L&T Secures Major Desalination Plant Contract in Saudi Arabia Valued Between ₹2,500-5,000 Crore
Larsen & Toubro (L&T) and Spanish firm Lantania have won a contract to build a 300 million litre per day desalination plant in Saudi Arabia for ACWA Power. The project, valued between ₹2,500 crore to ₹5,000 crore, will serve the Makkah Al-Mukarramah and Al-Baha regions. This marks L&T's second desalination order in Saudi Arabia, strengthening its Middle East presence and potentially boosting its financial performance in coming quarters.
07Mar 25
L&T Pioneers Paid Menstrual Leave Policy for Women Employees in India
Larsen & Toubro (L&T) has announced a new policy granting one day of paid menstrual leave per month to women employees in the L&T parent group. This initiative is expected to benefit over 5,000 women, who comprise about 9% of L&T's 60,000-strong workforce. As the first major Indian corporation to implement such a policy, L&T is setting a precedent in corporate India, potentially influencing other companies to consider similar measures for workplace equality and employee well-being.
06Mar 25
L&T Introduces Menstrual Leave Policy Amidst Work Culture Debate
Larsen & Toubro (L&T) has announced a new policy granting one day of menstrual leave per month to women employees in the parent group, benefiting about 5,400 workers. This move comes after recent controversy surrounding Chairman SN Subrahmanyan's comments advocating for a 90-hour work week and addressing labor shortage concerns. The policy represents a step towards gender-inclusive practices in India's corporate sector, potentially influencing industry-wide discussions on employee welfare and workplace culture.
05Mar 25
L&T Secures Major Residential Tower Contracts in Three Metro Cities, Adds to Significant Order Book
Larsen & Toubro (L&T) has won major orders for luxury residential projects in Mumbai, Bangalore, and Chennai. The contracts, valued between ₹2,500 crore to ₹5,000 crore, include the construction of ultra-luxury highrise towers in Mumbai, fourteen luxury towers in Bangalore, and twenty-five luxury towers in Chennai. These projects, along with additional orders for ongoing projects, fall under L&T's 'large' contract category.
03Mar 25
L&T Secures Major Power Transmission Orders in India and Middle East, Expanding Project Portfolio
Larsen & Toubro's Power Transmission & Distribution division has won multiple large orders for power transmission projects in India and the Middle East. In India, the contracts include 765kV and 400kV transmission lines in Uttar Pradesh and a 400kV line for a renewable energy project. In the Middle East, L&T secured orders for a 380kV Gas Insulated Substation in Saudi Arabia and a 220/33kV grid station in Abu Dhabi. While the exact value is undisclosed, these projects likely fall in L&T's 'large' category, valued between ₹25 billion to ₹50 billion.
27Feb 25
L&T Secures ₹804.3 Million Contract from Indian Army for Chemical Detection Systems
Larsen & Toubro (L&T) has won a contract worth ₹804.3 million from the Indian Army to supply 223 Automatic Chemical Agent Detection and Alarm (ACADA) systems. These systems will enhance the army's chemical threat detection capabilities. The deal reinforces L&T's position in India's defense manufacturing sector and aligns with the country's 'Make in India' initiative.
26Feb 25
L&T Secures ₹804.3 Million Contract from Indian Army for Chemical Detection Systems
Larsen & Toubro (L&T) has been awarded a contract worth ₹804.3 million ($9.7 million USD) by the Indian Army to supply 223 Automatic Chemical Agent Detection and Alarm (ACADA) systems. This deal enhances the army's chemical threat detection capabilities and strengthens L&T's position in the defense sector. The contract aligns with India's defense modernization efforts and the 'Make in India' initiative.
21Feb 25
Larsen & Toubro Lands $1.5 Billion Saudi Aramco Contract, Boosts Order Book
Larsen & Toubro's Energy Hydrocarbon division has won a $1.5 billion EPC contract from Saudi Aramco for the first phase of their Carbon Capture & Storage hub. This international contract strengthens L&T's position in the global energy sector and Middle Eastern market. L&T's order book reached ₹5.46 lakh crore in Q3 FY25, showing 20% year-on-year growth. The company maintains a positive outlook, projecting 10% growth for order inflows despite global economic challenges.
19Feb 25
L&T Completes Full Ownership of Special Steels Subsidiary in ₹170 Crore Deal
Larsen & Toubro (L&T) has acquired the remaining 26% stake in L&T Special Steels and Heavy Forgings Private Limited (LTSSHF) for ₹170 crore, making it a wholly-owned subsidiary. The acquisition includes 1.47 billion equity shares, 1.67 billion preference shares, and a secured loan from Nuclear Power Corporation of India Limited (NPCIL). LTSSHF, established in 2009, operates advanced facilities including India's largest Electric Arc melting furnace and Hydraulic press. The company's operational revenue has grown consistently, reaching ₹503.99 crore in FY 2023-24.
Industry PeersLarsen & Toubro
Rail Vikas Nigam
NBCC
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KEC International
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Techno Electric & Engineering
Ircon International
Afcons Infrastructure
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