Larsen and Toubro Ltd

Larsen & Toubro (L&T) has entered a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme. L&T and Exail will together provide the Indian Navy with a state-of-the-art Unmanned MCM Suit, incorporating autonomous and remotely operated systems designed to detect, classify, identify and neutralise naval mines in a safe, stand-off manner. L&T, as the prime contractor, will offer the Unmanned MCM Suite to all shipyards participating in Indian Navy's upcoming programme for 12 Mine Counter Measure Vessels. Exail will serve as the technology partner. The partnership will enable the delivery of Exail's globally proven MCM technologies, already in operation with several navies worldwide and validated through extensive real-world deployments. The collaboration represents a major step towards strengthening India's mine countermeasure capabilities, enhancing maritime security and reinforcing Indo-French defence cooperation, while building a robust and self-reliant naval defence manufacturing ecosystem in India. Commenting on the development, Arun Ramchandani, Senior VP & Head -Precision Engineering & Systems, L&T, said: 'This partnership brings together L&T, with its extensive defence products legacy and maritime capabilities, and Exail, a global leader in unmanned maritime systems and mine warfare technologies. Exail contributes decades of proven operational expertise, while L&T leverages its strengths in defence engineering, indigenous manufacturing, complex system integration and lifecycle support'.

The Power Transmission & Distribution (PT&D) business vertical of Larsen & Toubro has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations. According to the company's project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore. The orders pertain to constructing one 380 kV substation and two 132 kV substations. These high-capacity substations will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands. The orders have been awarded to PT&D on turnkey basis and are to be delivered against stringent timelines.

According to L&T's internal classification, the value of this 'significant' contract lies between Rs 1,000 crore to Rs 2,500 crore. The orders include the construction of one 380 kV substation and two 132 kV substations on a turnkey basis. The projects are aimed at ensuring reliable power supply to large load centres and easing grid congestion to meet rising electricity demand. The company said the projects will be executed under stringent timelines. L&T's PT&D business provides technology-driven EPC solutions and digital energy services across the transmission and distribution value chain, including smart grid networks and last-mile electrification. The business caters to utilities, renewable energy developers, and industrial and infrastructure customers across more than 30 countries spanning the SAARC, ASEAN, Middle East, Africa, North America and CIS regions. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25. The scrip rose 0.39% to currently trade at Rs 3,871.80 on the BSE. Powered by Capital Market - Live

BCGCL is a joint venture of Coal India and Bharat Heavy Electricals , set up for a coal-to-ammonium-nitrate project in Odisha. According to L&T's internal classification, the value of this 'significant' contract lies between Rs 1,000 crore to Rs 2,500 crore. The order, under Lump Sum Turnkey Package-3, strengthens L&T's position in clean syngas-based ammonia synthesis, a key component in the coal-to-chemicals value chain. The ammonia plant will support downstream production of nitric acid and ammonium nitrate, aimed at improving operational efficiency, process reliability, and integrated plant operations. L&T Onshore will execute the ammonia synthesis unit leveraging its expertise in fertilisers, gas processing, and chemical EPC. The scope of work includes process licensing, basic and detailed engineering, procurement, construction, commissioning, performance guarantee tests, and final handover on an LSTK basis with single-point responsibility. Commenting on the order win, Subramanian Sarma, Deputy Managing Director & President - L&T, said: 'Gasification-based downstream chemical infrastructure is central to India's self-reliance agenda. This significant order reinforces L&T's role as a trusted EPC partner for technologically complex and nationally important projects. The development of indigenous ammonia capacity through coal-based routes strengthens supply resilience and supports downstream industrial ecosystems'. E S Sathyanarayanan, Senior Vice President & Head of L&T Onshore and Member of L&T's Executive Committee, said: 'The ammonia plant is a critical component of the coalto-chemicals value chain. Our proven capabilities in executing ammonia and fertiliser plants enable the efficient delivery of such technology-intensive assets, ensuring consistent product quality, operational reliability and long-term performance'. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25. The scrip fell 1.31% to currently trade at Rs 3,969.90 on the BSE. Powered by Capital Market - Live

L&T Energy Hydrocarbon Onshore continued the momentum from its recent large order win, by securing another EPC order (significant) from Bharat Coal Gasification and Chemicals (BCGCL), a joint venture of Coal India (CIL) and Bharat Heavy Electricals (BHEL), for a Coal-to-Ammonium-Nitrate project in Odisha. According to the company's project classification, the order is valued in the range of Rs 1,000 crore to Rs 2,500 crore. The order (Lump Sum Turnkey Package-3) strengthens L&T's position in clean syngas-based ammonia synthesis, a critical building block in the coal-to-chemicals value chain. The Ammonia Plant will play a pivotal role in enabling the downstream manufacture of nitric acid and ammonium nitrate, ensuring operational efficiency, process reliability and seamless integration across the plant. Leveraging its deep domain expertise in fertilisers, gas processing and chemical EPC, L&T Onshore will deliver an Ammonia Synthesis Unit designed for sustained operations, high on stream factors, and stringent safety standards, aligned with evolving industry benchmarks. The scope of work includes the process licence, basic design, detailed engineering, procurement and construction, covering mechanical completion, pre-commissioning, commissioning, sustained load and performance guarantee test runs, overall project management and final handover of the Ammonia Synthesis Unit and its associated facilities on LSTK basis with single-point responsibility.

The Buildings & Factories (B&F) business vertical of Larsen & Toubro has won multiple orders from a valued real-estate client. These orders are for real-estate projects across three Indian states. According to the company's project classification, the value of the orders ranges between Rs 2,500 crore to Rs 5,000 crore. The first order pertains to a residential project in Hyderabad. The scope of work includes design and construction of 10 high-rise residential towers, each rising up to 180 metres, with a configuration of two basements, plus 55 floors. Two clubhouses are also in the scope. The next order is for a luxury high-rise residential tower at Worli in Mumbai. The project scope encompasses the construction of the RCC shell and core structure, reaching a height of up to 260 metres, with a configuration of five basements, plus 63 floors. The third order pertains to the construction of several residential villas, a luxury hotel and ancillary structures for a project in Karnataka. B&F's scope includes the construction of the RCC shell and core structure, along with associated finishes.

These orders are for real-estate projects across three Indian states. The first order pertains to a residential project in Hyderabad. The scope of work includes design and construction of 10 high-rise residential towers, each rising up to 180 metres, with a configuration of two basements, plus 55 floors. Two clubhouses are also in the scope. The next order is for a luxury high-rise residential tower at Worli in Mumbai. The project scope encompasses the construction of the RCC shell and core structure, reaching a height of up to 260 metres, with a configuration of five basements, plus 63 floors. The third order pertains to the construction of several residential villas, a luxury hotel and ancillary structures for a project in Karnataka. B&F's scope includes the construction of the RCC shell and core structure, along with associated finishes. According to L&T's internal classification, the value of this 'large' contract lies between Rs 2,500 crore to Rs 5,000 crore. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25. The scrip rose 0.21% to currently trade at Rs 4016.90 on the BSE. Powered by Capital Market - Live

As per L&T's internal classification, the contract falls under the 'mega' category, indicating an estimated value in the range of Rs 10,000 crore to Rs 15,000 crore. The order involves engineering, procurement, and installation of key process facilities, including blast furnaces and steel melt shops, across multiple brownfield and greenfield expansion projects, primarily at JSW Steel's sites in Ballari, Karnataka, and Paradip, Odisha. JSW Steel is expanding its crude steel capacity from 35 MTPA to over 50 MTPA by 2031 as part of its long-term growth strategy. D. K. Sen, Advisor to CMD, development projects & minerals & metals, L&T, said, Securing the largest-ever order in the metals segment marks a defining moment for L&T's Minerals & Metals business. Our long-standing partnership with JSW Steel reflects a shared commitment to scale, innovation, and nation-building. These orders are not merely a testament to our engineering and execution capabilities but also an affirmation of the trust placed in us to deliver assets of national significance. As India accelerates its journey towards becoming a global steel powerhouse, L&T remains committed to setting new benchmarks in project delivery, sustainability, and technological excellence.' T. Kumaresan, senior vice president & head of minerals & metals, L&T, added: 'These prestigious wins further strengthen our leadership in executing large, complex metallurgical projects. Our ability to integrate technology, optimize project timelines, and deliver with precision continues to differentiate us. We remain focused on partnering with JSW in shaping their growth through technology and on-time delivery.' Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25. Shares of Larsen & Toubro fell 2.69% to Rs 3,947.20 on the BSE.Powered by Capital Market - Live

Larsen & Toubro announced that the 81th Annual General Meeting(AGM) of the company will be held on 5 June 2026.

The Minerals & Metals (M&M) business vertical of Larsen & Toubro (L&T) has secured its largest-ever order in the domestic metals sector - awarded by JSW Steel. According to the company's project classification, the value of the order ranges between Rs 10,000 crore to Rs 15,000 crore. L&T and JSW Steel share a deep-rooted association built over more than three decades of collaboration in executing complex metallurgical projects. This enduring partnership has consistently contributed to strengthening India's steel production capabilities through scale, technology and operational excellence. As part of its strategic growth roadmap, JSW Steel is progressing towards expanding its crude steel processing capacity from 35 MTPA to over 50 MTPA by 2031. In line with this vision, L&T's M&M vertical has been entrusted with comprehensive engineering, procurement and installation of critical process facilities, including Blast Furnaces and Steel Melt Shops, across multiple brownfield/greenfield expansions, mainly at JSW sites in Ballari (Karnataka) and Paradip (Odisha).