Page 2 - L&t

L&T bags ₹15,000 crore order for natural gas liquids plant in Middle East

The order for setting up a large-scale natural gas liquids plant marks one of L&T's biggest global EPC wins and strengthens its position in the hydrocarbon sector

L&T, Standard Chartered tie up for $700 mn sustainability-linked facility

Larsen & Toubro (L&T) has secured a $700 million sustainability-linked trade facility with Standard Chartered, tied to carbon and water targets, reinforcing its commitment to green business practices

L&T to complete Hyderabad metro stake divestment by FY26 end

Infrastructure major Larsen & Toubro on Friday said that disinvestment of its stake in Hyderabad metro project will be completed by the end of current financial year. "We expect the divestment to get completed by the end of the current fiscal FY26," L&T said in a filing to BSE. The company said that Telangana government will take over the Hyderabad Metro SPV by refinancing the current debt and acquiring equity of L&T Metro Rail (Hyderabad) Ltd at the agreed values An in principle understanding has been reached between both on the same. Official sources on Thursday said that Telangana government has agreed to take over Phase-I of Hyderabad Metro Rail project from L&T Group by paying Rs 2,000 crore for the equity in the concessionaire L&T Metro Rail Hyderabad Ltd. It was agreed that the state government would also take over the company's debt of Rs 13,000 crore, they had said. L&T has about 90 per cent equity in the project. Last month, the infra major expressed .

L&T rises on inking pact with BEL for 5th Gen fighter aircraft programme

At 1:10 PM, L&T shares were trading near day's high level, up 1.19 per cent at ₹3,701.95 per share. In comparison, BSE Sensex was trading 0.24 per cent lower at 81,906.96 levels.

L&T, BEL join hands to support India's fifth-gen fighter aircraft programme

The collaboration aims to leverage L&T's expertise in strategic defence and aerospace platforms with BEL's experience in defence electronics and systems to support the AMCA programme

L&T bags ₹2,500-5,000 cr deal for Mumbai-Ahmedabad bullet train corridor

In April 2022, L&T was awarded a contract covering 116 km from south of Vadodara to the Sabarmati depot under the same project

L&T Semiconductor Technologies plans China entry, eyes $1 bn revenue

L&T Semiconductor Technologies may enter China by FY27, outsourcing chip production to local fabs, as it targets $1 billion revenue and weighs IPO plans after $500 million milestone

L&T-SuFin targets $1 billion GMV in FY26 as B2B ecom growth surges

L&T-SuFin, the B2B e-commerce platform from L&T, has more than doubled GMV to $215 million year-to-date and is aiming to achieve $1 billion GMV in FY26 with expansion and new services

L&T looks to build on defence and data centre foundation in India

L&T is scaling its ₹2,200 crore data centre play, expanding defense and aerospace, while monitoring reforms in nuclear power and reviving its thermal portfolio

L&T bags over ₹15,000 crore Adani Power order for 6,400 MW thermal project

L&T to build eight 800 MW thermal power units for Adani Power under a contract worth more than ₹15,000 crore, boosting India's baseload electricity capacity

L&T terminated contracts of suburban rail project illegally, says K-RIDE

The termination of two contracts for Corridor-2 and Corridor-4 of the Bengaluru Suburban Rail Project (BSRP) by Indian multinational conglomerate Larsen & Toubro is a clear violation of agreement conditions, said officials of K-RIDE, a joint venture between the government of Karnataka and the Ministry of Railways, on Saturday. L&T had terminated the contract on July 31, added K-RIDE. "L&T has made unreasonable demands of revising contract price within the contract period and converting EPC contract into an itemised Bill of Quantities (BOQ) contract, even though contract condition does not permit the same," stated a press release issued by K-RIDE on Saturday. According to the release, L&T had entered into two agreements to perform the work assigned to them in the Corridor-2 (Chikkabanavara to Benniganahalli) and Corridor-4 (Heelalige to Rajankunte) of the suburban railway project, added the release. Originally, the scheduled completion time for Corridor-2 (C2) was 27 ...

Breakout Alert! L&T stock may cross ₹4,000-mark, gain over 11%, hints chart

Technical charts show that the bias at the Larsen & Toubro counter is likely to remain positive as long as the stock trades above ₹3,437 levels.

L&T Q1 net profit grows 30% to ₹3,617.2 crore on higher ops revenue

Larsen & Toubro reports a 30% YoY profit growth for Q1 FY26 to ₹3,617 crore, driven by strong project execution and healthy revenue growth, surpassing analysts' estimates

L&T Q1 results: Profit rises 30% to ₹3,617 crore on strong revenue

Infrastructure major Larsen & Toubro (L&T) on Tuesday reported a 29.8 per cent rise in consolidated net profit at Rs 3,617.19 crore for the June quarter on the back of higher revenue from operations. The company had posted consolidated net profit of Rs 2,785.72 crore in the year-ago period, L&T said in a filing to the BSE. The consolidated revenue from operations in the April-June period increased to Rs 63,678.92 crore over Rs 55,119.82 crore in the year-ago period, the filing said. The company achieved "consolidated revenues of Rs 63,679 crore for the quarter ended June 30, 2025, registering a Y-o-Y (year-on-year) growth of 16 per cent with healthy execution witnessed in its key projects and manufacturing portfolio". "This quarter we have performed well across all financial parameters. At a group level, we registered once again, the highest order inflow for Q1 ever," the company's Chairman and Managing Director S N Subrahmanyan said. The consolidated order book of the ...

L&T wins order worth over ₹15k cr for hydrocarbon offshore biz; stock up 1%

The board of directors of L&T is scheduled to meet today i.e. on July 29, 2025 to consider and approve the unaudited financial results of the company for Q1FY26

Q1 results today: L&T, Asian Paints, Varun Beverages, NTPC on July 29

Q1 FY26 company results today: ASK Automotive, Bank of India, GHCL Textiles, Lloyds Engineering Works, and Zee Media will release their April-June quarter earnings reports on July 29

Torrent in talks to acquire L&T thermal unit in $1 billion deal: Report

Deliberations are ongoing and details of the potential transaction may change, the people said, adding that talks could also fall apart and other bidders might emerge

L&T Finance net profit rises 2% in Q1FY26, margins and fees moderate

L&T Finance posts Rs 701 crore consolidated net profit in Q1FY26, a 2% rise YoY, as NIM plus fees decline and disbursements dip in rural segment

Rishikesh-Karanprayag rail link: L&T sets world record in tunnel building

The construction firm Larsen and Toubro achieved a remarkable feat on the Rishikesh-Karnaprayag Rail Link project on June 29, a day ahead of the baseline schedule, setting a new world record in tunnel construction using a single-shield hard rock tunnel boring machine. "The TBM Team has broken the world record by achieving a maximum progress of 790 metres in a month (31 days) using Single Scheid Hard Rock TBM named Shiv," S V Desai, the Whole Time Director, L&T Limited, told PTI on Tuesday. The company officials stated that this was the first time that anywhere in the world a single-shield hard rock tunnel boring machine (TBM) was used in such an efficient manner. "In the last leg of the boring work in the month of May-June for the longest rail tunnel of the country, the TBM, named Shiv, excavated 790 meters in 31 days and achieved a breakthrough," Rakesh Arora, Project Director, added. This 13.09-km-long tunnel is the downline one, running parallel at a 25-metre distance from the .

Larsen & Toubro mulls another ESG bond issue after debut attracts premium

MUMBAI (Reuters) -Indian infrastructure major Larsen & Toubro could raise funds through environmental, social and governance bonds again, after its first-ever issuance of the notes was sold at a premium, a company spokesperson said on Wednesday.