L&T reported weaker-than-expected Q4 FY26 results and warned that disruptions linked to the Iran conflict could weigh on execution and growth in H1FY27
L&T posts marginal decline in Q4 profit due to base effect, while revenue grows 11% on strong order inflow; board recommends Rs 38 per share dividend
BENGALURU, May 5 - India's Larsen & Toubro posted a 3.1% fall in quarterly profit on Tuesday, as the Middle East war disrupted he infrastructure giant's projects in the region.
The project will produce 2,000 tonnes of ammonium nitrate daily, reducing imports, conserving foreign exchange, and strengthening India's energy and chemicals sectors
Infrastructure major Larsen & Toubro (L&T) on Tuesday said it has bagged an order valued between Rs 2,500 crore to Rs 5,000 crore from the joint venture of state-owned Coal India Limited and Bharat Heavy Electricals Limited for the development of a coal-to-ammonium nitrate project in Odisha. The project is likely to produce 2,000 tonnes of ammonia nitrate per day, reducing import dependence, conserving foreign exchange and strengthening domestic industrial capabilities in energy and chemicals sectors. "L&T Energy Hydrocarbon Onshore has won large order from Bharat Coal Gasification and Chemicals Ltd (BCGCL), a joint venture of Coal India Ltd (CIL) and Bharat Heavy Electricals Ltd (BHEL)," the infrastructure firm said in a filing to BSE. The order encompasses the development of the nitric acid and ammonium nitrate Plant, to be executed on a lump sum turnkey basis. "Once operational, the facility will enable the conversion of coal into ammonium nitrate with a planned ...
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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
L&T Energy GreenTech will supply green ammonia, a key fuel option to decarbonise the shipping sector, from its proposed production facility in the western Indian state of Gujarat
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 ..
Kunal Kamble, technical analyst at Bonanza cautions against venturing into HDFC Bank stock for now due to a weak chart setup; while he sees support for Larsen & Toubro around ₹3,100 levels.
PL Capital reckons India's West Asia-exposed companies may face near-term headwinds such as execution disruptions, logistics challenges, slower tender finalisations adn deferment of new orders
L&T and NVIDIA have announced a venture to build sovereign, scalable gigawatt-scale AI factory infrastructure, supporting India's digital transformation and the IndiaAI Mission
L&T's revenue from operations for the quarter rose 10.49 per cent Y-o-Y to ₹71,449.7 crore, from ₹64,667.78 crore in Q3FY25. Sequentially, revenue increased 5.1 per cent from ₹67,983.53 crore
Key monitorables during L&T's earnings, analysts said, include a ramp-up in domestic ordering, conversion of prospect pipeline, private sector ordering, margin performance, and working capital cycle
L&T will build a 3.2-km 2+2 lane cable-stayed bridge with 177 m span, including 0.9 km and 0.65 km approach roads on Kakdwip and Sagar Island sides
The company said the partnership is meant to support frontline artillery systems that are already in service with the Army
Infrastructure major Larsen & Toubro (L&T) on Monday said it has bagged a "significant" order for the Hyderabad Greenfield Radial Road project. The contract, awarded to L&T's transportation infrastructure business vertical, covers the second phase of the project in Ranga Reddy district. L&T classifies an order amount ranging between Rs 1,000 cr to Rs 2,500 cr as 'significant'. It involves the construction of a "22.3 km 3+3 lane access-controlled radial road" to boost connectivity in the region, L&T said in a filing to BSE. The Hyderabad Greenfield Radial Road phase-2 holds strategic importance as the first radial connector linking Hyderabad's outer ring road to the proposed 340-km regional ring road , enhancing regional connectivity. It will improve access to key growth hubs like IT corridors and electronic city, driving economic development in Telangana's Ranga Reddy district. Under the contract, the infrastructure firm will construct a 3.6 km long viaduct, minor .
L&T is scaling up its utilities business by focusing on green hydrogen, large battery storage projects and a booming transmission and distribution segment in India and overseas
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Infrastructure major Larsen & Toubro (L&T) on Friday said that it has entered into a strategic pact with US-based Atomics Aeronautical Systems, Inc. (GA-ASI) for manufacturing unmanned aircraft systems for the Indian Army. Under the partnership, both the firms will together manufacture Medium Altitude Long Endurance (MALE) Remotely Piloted Aircraft Systems (RPAS) in India. L&T's engineering, precision manufacturing and system integration capabilities in defence and aerospace and GA-ASI operational expertise will be utilised in this strategic pact. "Under this partnership, L&T will participate in the upcoming 87 MALE RPAS programme of the Ministry of Defence, where L&T will be the prime bidder and GA-ASI the technology partner," the infrastructure major said in a filing to the BSE. The collaboration will enable the production of GA-ASI's MQ-series RPAS that are combat proven. These are widely operational across the globe with millions of flight hours in surveillance