Larsen & Toubro

The conglomerate is preparing a bid for the government's ₹7,280 crore ($764 million) incentive policy for such magnets

Contract covers crude oil storage tanks, pipelines and upgrades to Kuwait's export network under the Jurassic Light Oil infrastructure project

Engineering major will invest over five years in EV motors, ADAS and connected-vehicle technologies, targeting a fast-growing market dominated by global players

Strong order book and healthy guidance support outlook, but sustained easing of geopolitical tensions in West Asia remains key to stronger execution and margin gains

Analysts note that despite near-term headwinds, L&T continues to witness a healthy ₹15 trillion prospect pipeline for the balance of FY27.

Q1FY27 company results: Firms including Ambuja Cements, Suzlon Energy, Birlasoft, Tata Capital, Cholamandalam Investment and Finance, and Pine Labs are also to release their April-June earnings today

L&T said it has received a repeat order from a Japanese customer to manufacture and supply heat exchangers and absorbers for an LNG project in Canada.

L&T's Metals & Minerals business has secured multiple mega orders worth over Rs 10,000 crore, including EPC contracts for iron ore, steel and zinc processing projects across India

Larsen & Toubro has secured multiple orders from leading domestic metals and mining companies, including contracts for an iron ore handling plant in Chhattisgarh.

Amazon Data Services has pre-leased 4 acres in Mumbai's Powai from Larsen & Toubro for its data centre expansion, with a rental commitment of over ₹650 crore across nearly 18 years

L&T has a strong presence across infrastructure, hydrocarbon, power transmission, and industrial projects in various countries of the Middle East.

Larsen & Toubro is betting big on automation, robotics and technology-led solutions to scale up construction activities as increasing manpower alone may not be a viable option for growth, a top official of the company said. "What we have been doing over the last 3-4 years in particular is to create automation to the level that we did not expect construction industry to engage. Our effort has been to automate as much as possible," said L&T chief financial officer R Shankar Raman at ICICI Securities India Investors Conference 2026. He said the company's order book has increased to around Rs 7.5 lakh crore from Rs 3-3.5 lakh crore five years ago, while the workforce engaged in execution has grown from 1.5 lakh direct and indirect workers to about 4 lakh. Raman said the company is focusing on automation to address execution challenges and reduce dependence on traditional labour-intensive construction methods. "Our effort has been to automate as much as possible. Make construction .

Among the key announcements, L&T Technology Services has declared the highest dividend payout at ₹40 per share as final dividend, while Larsen & Toubro has announced a final dividend of ₹38 per share

Amol Athawale, technical analyst at Kotak Securities believes that M&M Finance is still showing some positive structure; while cautions of a weaker set-up in case of Larsen & Toubro and Hero MotoCorp.

The project will produce 2,000 tonnes of ammonium nitrate daily, reducing imports, conserving foreign exchange, and strengthening India's energy and chemicals sectors

L&T's top line is likely to see double-digit growth, supported by strong Core E&C performance, while earnings growth may remain modest on a year-on-year basis

Acquisition of ₹1,123 crore adds Gurugram to co portfolio amid expansion

Infrastructure major Larsen & Toubro on Monday said one of its subsidiaries, L&T Realty Properties Ltd, has bought a 100 per cent stake in International Green Scapes Ltd (IGSL), unlocking 20 acres of prime land in Gurugram for real estate development. This is the first land acquisition in the National Capital Region (NCR) micro-market by L&T Realty Properties Ltd (LTRPL), and offers a development potential of about 3.6 million square feet. On April 10, Larsen & Toubro had announced that it had executed a Share Purchase and Shareholders' Agreement for the acquisition of a 100 per cent stake in International Green Scapes Ltd (IGSL) for Rs 1,123 crore. This acquisition will enable L&T Realty Properties to leverage the land owned by IGSL for enhancing and expanding its real estate development portfolio, L&T had said. L&T Realty Properties completed the acquisition on April 13, 2026. The NCR land acquisition significantly bolsters L&T's real estate portfolio

Infrastructure major Larsen & Toubro (L&T) on Wednesday said that its heavy engineering arm has dispatched another steam generator to the Nuclear Power Corporation of India Ltd (NPCIL) in an effort to fast-track the country's energy security goal. The steam generators are used in pressurised heavy water reactors to convert water into steam, driving turbines for electricity generation. These generators are fabricated at L&T's facilities at the AM Naik Heavy Engineering Complex at Hazira and Vadodara in Gujarat. "The heavy engineering arm of L&T has dispatched the seventh 700 MWe steam generator for the Nuclear Power Corporation of India Ltd (NPCIL)," L&T said in a statement. The company said that the "before-time dispatch reinforces the company's commitment to supporting India's energy goals and Prime Minister Narendra Modi's vision of an Aatmanirbhar Bharat". L&T Heavy Engineering manufactures and supplies high-technology reactors and critical process systems ..

L&T has secured a significant order for its water and effluent treatment (WET) business from the Guwahati Metropolitan Drinking Water & Sewage Board for a water management project in Assam