Larsen and Toubro Ltd

L&T's Hydrocarbon Onshore business vertical (L&T Onshore) has won a large order from Petronet LNG, a joint venture promoted by four leading PSUs, viz., Oil & Natural Gas Corporation (ONGC), Indian Oil Corporation (IOCL), GAIL (India) and Bharat Petroleum Corporation (BPCL). According to the company's project classification, the value of the order ranges between Rs 2,500 crore to Rs 5,000 crore. The project, to be delivered entirely on a Lump Sum Turnkey basis, comprises engineering, procurement, construction and commissioning of a Liquefied Natural Gas (LNG)/Ethane double wall storage tank with a capacity of 170,000 cubic metres and a Propane double-wall storage tank with a capacity of 140,000 cubic metres at the Dahej Petrochemical Complex in Gujarat. The scope also includes Ethane and Propane handling and despatch facilities to support the Propane Dehydrogenation and Polypropylene plant. This project is part of India's first petrochemical complex integrating cold energy utilisation from an LNG terminal and is expected to contribute towards bridging the domestic polypropylene demand-supply gap. The project aligns with Government of India's Aatmanirbhar Bharat initiative by strengthening indigenous petrochemical manufacturing capacity.Powered by Capital Market - Live

Larsen & Toubro will hold a meeting of the Board of Directors of the Company on 28 January 2026.Powered by Capital Market - Live

The Saidongar-1 pumped storage project (PSP) will comprise ten units of 300 MW each, taking its total capacity to 3000 MW. The scope of the contract includes design, engineering and execution of all civil and hydro mechanical jobs associated with the project. With this order, L&T will play a pivotal role in bringing to life a project of immense significance ' expected to enhance grid reliability and energy security for Maharashtra and beyond. L&T stated that pumped storage projects like Saidongar-1 are vital to ensuring grid stability and meeting peak power demand. 'This order is a testament to L&T's unmatched capability in delivering complex hydroelectric/pumped storage projects of national importance. With a track-record of engineering excellence, timely execution and world-class safety standards, the Saidongar-1 PSP reinforces L&T's position as a trusted partner for large-scale, high-capacity pumped storage solutions,' the company stated. According to L&T's classification, the value of this contract lies between Rs 2,500 crore and Rs 5,000 crore. L&T is a diversified EPC major operating across infrastructure, energy, hydrocarbons, defence, manufacturing and services in India and overseas. The company reported a 15.6% year-on-year rise in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue to Rs 67,983.53 crore in Q2 FY26. Powered by Capital Market - Live

The Heavy Civil Infrastructure business vertical of'Larsen & Toubro has secured the large order from Torrent Energy Storage Solutions (earlier known as Torrent PSH 3 ) for the construction of India's biggest pumped storage project - the 3000 MW Saidongar-1 Pumped Storage Project (PSP) in Raigad, Maharashtra. The PSP will comprise ten units of 300 MW each. According to the company's project classification, the order is valued in the range of Rs 2,500 crore to Rs 5,000 crore. The scope of the contract includes design, engineering and execution of all civil and hydro mechanical jobs associated with the project. With this order, L&T will play a pivotal role in bringing to life a project of immense significance - expected to enhance grid reliability and energy security for Maharashtra and beyond. This order is a testament to L&T's unmatched capability in delivering complex hydroelectric/pumped storage projects of national importance. With a track-record of engineering excellence, timely execution and world-class safety standards, the Saidongar-1 PSP reinforces L&T's position as a trusted partner for large-scale, high-capacity pumped storage solutions. Pumped storage projects like Saidongar-1 are vital to ensuring grid stability and meeting peak power demand. By storing surplus energy and releasing it during high-demand periods, they provide a reliable and flexible solution that will strengthen India's energy security and supports the long-term decarbonisation goals.Powered by Capital Market - Live

According to a Middle East-focused business news platform, Kuwait is reviewing five major upstream oil and gas contracts after bids reportedly came in above budget. The report said L&T was the lowest bidder in tenders valued at more than $4.5 billion, making the stock sensitive to any adverse developments. Responding to a BSE query, L&T clarified that the projects referred to in the media report are not part of its order book. The company added that it does not comment on the status of tenders or the commercial decisions of its clients, easing concerns about any impact on confirmed orders. Separately, L&T has secured a significant order in its transportation infrastructure business to construct an arterial extradosed cable-stayed bridge over the Muri Ganga River in South 24 Parganas, West Bengal. The project includes a 3.2 km, 2+2 lane bridge with a maximum span of 177 metres, approach roads on the Kakdwip and Sagar Island sides, and advanced traffic management, bridge health monitoring, and architectural and hybrid street lighting. For L&T, a 'significant' order is defined as a contract valued between Rs 1,000 crore and Rs 2,500 crore. L&T is a diversified EPC major operating across infrastructure, energy, hydrocarbons, defence, manufacturing and services in India and overseas. The company reported a 15.6% year-on-year rise in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue to Rs 67,983.53 crore in Q2 FY26. Powered by Capital Market - Live

As per L&T's internal classification, the contract falls under the 'significant' category, with an estimated value in the range of Rs 1,000 crore to Rs 2,500 crore. The scope of work includes construction of a 2+2 lane, 3.2-km extradosed cable-stayed bridge with a maximum span of 177 meters, along with a 0.9-km approach road on the Kakdwip side and a 0.65-km approach road on the Sagar Island side. The bridge will be equipped with advanced traffic management systems, a bridge health monitoring system, architectural bridge lighting, and hybrid street lighting, along with all essential road furniture. The bridge will provide direct, all-weather connectivity to Sagar Island, which currently depends on ferry services that are often disrupted during adverse weather conditions. It is expected to benefit over two lakh residents of the island by improving mobility, healthcare access, and economic prospects. The project will also boost pilgrimage by ensuring safe and convenient travel for millions of devotees from across India to the annual Ganga Sagar Mela, the second-largest religious congregation after the Kumbh Mela. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 15.6% jump in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue from operations to Rs 67,983.53 crore in Q2 FY26 over Q2 FY25. Shares of Larsen & Toubro rose 0.01% to currently trade at Rs 4,045.35 on the BSE.Powered by Capital Market - Live

The Transportation Infrastructure business vertical of Larsen & Toubro (L&T) has won a significant order for an arterial Cable-Stayed Bridge over the Muri Ganga River in South 24 Parganas district of West Bengal. According to the company's project classification, the project is valued between Rs 1,000 crore to Rs 2,500 crore. L&T's scope involves construction of 2+2 lane 3.2 km Extradosed Cable-Stayed Bridge with a maximum span of 177m, along with 0.9 km approach road on Kakdwip Side and 0.65 km approach road on Sagar Island side. The bridge will be equipped with Advanced Traffic Management Systems, Bridge Health Monitoring System, Architectural Bridge Lighting and Hybrid Street Lighting, along with all essential road furniture. This bridge to Sagar Island holds immense significance, as it will provide direct, all-weather connectivity to the Island, which currently depends on ferry services that are often disrupted during adverse weather conditions. It will benefit over two lakh residents of Sagar Island by improving mobility, healthcare accessibility and economic prospects. Additionally, it will boost pilgrimage by ensuring safe and convenient travel for millions of devotees, from across India, to the annual Ganga Sagar Mela, the second-largest religious congregation after the Kumbh Mela. Powered by Capital Market - Live

Larsen & Toubro has today executed a Share Purchase Agreement for acquisition of shareholding of Sapura Nautical Power (Sapura), JV Partner, in L&T Sapura Shipping (LTSSPL), a subsidiary of the Company. Post completion of the acquisition, LTSSPL will be a wholly owned subsidiary of the Company. The acquisition further strengthens the Company's operational flexibility and asset availability for execution of offshore projects, particularly in India and the Middle East. LTSSPL operates in the offshore marine construction segment, which is complementary to L&T's core engineering and construction businesses. Powered by Capital Market - Live

Larsen & Toubro (L&T) has been awarded a supply order by the Corps of Electronics and Mechanical Engineers (EME) of the Indian Army, for the overhaul, upgrade and obsolescence management of the indigenous Pinaka Multi-Rocket Launcher Systems. This unique partnership between a domestic private OEM (Original Equipment Manufacturer) and the Indian Army, for sustenance of frontline artillery systems, is a significant step for product lifecycle support of Made-in-India, in-service Artillery systems. The partnership with the Corps of EME of the Indian Army aims to enhance long term operational availability and modernisation of Pinaka regiments currently in service with the Indian Army. The programme will focus on managing outdated components, upgrading critical sub-systems and providing sustained technical support to the Army Base Workshops. This affiliation shall also re-enforce Public Private Partnership model in defence sustenance and lifecycle support for frontline artillery systems. Under this initiative, 510 Army Base Workshop (ABW) EME will undertake overhaul and upgrade of critical electronics and systems, utilising the extensive domain knowledge inherent in Army Base Workshop. L&T, as the OEM, shall supply critical spares and support the modernisation of sub-systems, enabling a shift from conventional maintenance practices to a structured, lifecycle-based sustenance and upgrade framework. In the initial phase, L&T shall jointly undertake a pilot overhaul of Pinaka Launcher and Battery Command Post in collaboration with 510 ABW. Upon successful completion of the pilot phase, remaining systems shall be overhauled by 510 ABW of the Corps of EME, with L&T continuing to provide critical spares, technical support and quality oversight. This model is expected to serve as a blueprint for similar lifecycle management and upgrade programmes across other defence platforms, strengthening India's self reliant and future-ready defence ecosystem. The approach aligns with the Aatmanirbhar Bharat vision, by leveraging indigenous design, manufacturing and systems integration capabilities.Powered by Capital Market - Live

The program involves lifecycle support and modernization of in-service Pinaka regiments. Under the arrangement, 510 Army Base Workshop (ABW) of the Corps of EME will carry out overhauls and upgrades, while L&T, as the OEM, will supply critical spares and provide technical and quality support. In the initial phase, L&T and 510 ABW will jointly undertake a pilot overhaul of Pinaka Launchers and Battery Command Posts, after which the remaining systems will be overhauled by 510 ABW. The initiative reinforces the public-private partnership model in defence sustenance and aligns with the Aatmanirbhar Bharat program. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 15.6% jump in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue from operations to Rs 67,983.53 crore in Q2 FY26 over Q2 FY25. Shares of Larsen & Toubro shed 0.23% to Rs 4,158.10 on the BSE.Powered by Capital Market - Live