Larsen And Toubro

Anticipate govt to go for 10% capex growth in upcoming Budget: L&T CFO

Larsen and Toubro's Chief Financial Officer R Shankar Raman is anticipating a ten per cent increase in capital expenditure outgo in the upcoming budget for FY27. Amid concerns about sagging private capital expenditure growth, Raman said that he does not fear a "crowding out" of resources because of the high spending by the state. The ample liquidity in the system will support such investments. "If India is to become a developed economy by 2047, infrastructure has a lot of role to play, and I think the government is seized of this. I am hopeful that they will allocate adequate resources in the budget to be able to do that," Raman told PTI recently. Pointing to the over Rs 11 lakh crore commitment for capital expenditure in the FY26 budget, Raman said the new document to be presented by Finance Minister Nirmala Sitharaman in a few weeks will continue on the same lines. "They will possibly go for a 10 per cent increase...that is what I am anticipating, but that's at a personal level,"

Sensex to end higher for 10th straight CY; decade's biggest winners emerge

Over the last ten calendar years (2016-2025), the Sensex has delivered annual returns consistently, albeit uneven. The strongest year of the decade was 2017, when the index surged 27.9 per cent.

L&T begins realty consolidation, to move Realty BU to L&T Realty arm

L&T has approved transferring its Realty BU to wholly owned L&T Realty through a slump sale under a scheme, kicking off a phased consolidation of all real estate assets under one entity

L&T partners with US firm to manufacture unmanned aircraft for Indian Army

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

L&T Q2 results: Net profit rises 15.6% to ₹3.9K cr, revenue up 10.4%

The profit, however, missed Bloomberg analysts' poll estimate of Rs 4,004.7 crore. The revenue also missed the analysts' estimate of Rs 70,478.1 crore

Q2 results today: BHEL, L&T, Coal India, Varun Beverages, 63 more on Oct 29

Q2FY26 company results: Firms including LIC Housing Finance, Ixigo, United Breweries, NTPC Energy, HPCL, and NMDC are also to release their July-September quarter earnings reports today

L&T bags Hindalco aluminium smelter and Tata Steel coke oven orders

Infrastructure major Larsen & Toubro (L&T) on Friday said it has bagged an order from Hindalco to set up an aluminium smelter for its upcoming project in Odisha and another project from Tata Steel to build a coke oven battery. Both orders have been bagged by the minerals and metals business vertical of Larsen & Toubro. These orders are part of multiple orders secured by the vertical in India recently. In a filing to the BSE, L&T said it has bagged "an order from Hindalco for setting up a 180 KTPA aluminium smelter along with the gas treatment centre for their upcoming greenfield project in Odisha." According to filing, it "has also secured an order for setting up... coke oven battery 6 A/B from TATA Steel, Jamshedpur." The scope of work includes engineering, manufacturing, supply, construction and plant installation. "These order wins across the aluminium and steel sectors are a testament to L&T's engineering excellence, execution capability and enduring customer ..

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.

Stock market close highlights: Sensex adds 447 pts, Nifty at 24,821; RIL up 2%; all sectors in green

Stock Market Highlights on Tuesday, July 29, 2025: All sectoral indices ended in the green on Tuesday, with notable gains in metal, pharma, realty, oil & gas, and healthcare stocks

L&T to set up India's largest green hydrogen plant at IOCL Panipat

L&T will supply 10,000 tonnes of green hydrogen annually to IOCL from the Panipat plant under a 25-year build-own-operate contract aimed at industrial decarbonisation

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.

Larsen & Toubro bags projects worth ₹1,000-2,500 cr from Rajasthan govt

Infrastructure major Larsen & Toubro (L&T) on Tuesday said that it has bagged "significant" orders from Rajasthan government. L&T classifies orders worth between Rs 1,000 crore and Rs 2,500 crore as 'significant'. The projects have been bagged by the water and effluent treatment business vertical of L&T from the public health engineering department of Rajasthan, L&T said in a filing to BSE. The company said it has "won an EPC order for the Rajasthan Rural Water Supply and Fluorosis Mitigation Project' Phase II, Package-1". The scope of the project encompasses "supply and installation of 5,251-km transmission and distribution pipelines, construction of 38 ground level reservoirs with an aggregate capacity of 40 ML, 20 pump houses and 132 overhead service reservoirs with an aggregate capacity of 25 ML", it said. The project is aimed at meeting the demand for water in 285 villages and the towns of Surajgarh and Udaipurwati in Jhunjhunu district. Another project ...

Thane road, tunnel tender row: HC denies relief to L&T, okays bid opening

The Bombay High Court on Tuesday denied relief to construction giant Larsen & Toubro (L&T) in connection with the dispute over the Thane-Ghodbunder to Bhayandar tunnel and elevated road projects, giving a go-ahead for the opening of tender bids. A vacation bench of Justices Kamal Khata and Arif Doctor said it was not continuing its interim stay passed last week restraining the Mumbai Metropolitan Region Development Authority (MMRDA) from opening the financial bid, which is the last stage of the tendering process. The financial bid was scheduled to be opened on May 13. L&T had filed two petitions in the high court earlier this month, challenging the non-intimation of the status of its bid by the MMRDA for the projects. The bench on Tuesday rejected the petitions but directed the MMRDA to keep the company's price bids in a sealed cover for one week after the tender is opened. "We are not continuing the earlier interim order of stay," the court said. The construction company,

L&T-Cloudfiniti partners with three AI startups to drive digital innovation

Larsen & Toubro on Tuesday announced its division L&T-Cloudfiniti has partnered with three leading Artificial Intelligence (AI) startups, including one based in Europe. The partnerships have been established with Hanooman AI, CoRover, and Pidima AI. The collaborations will focus on developments in healthcare, life sciences, vertical AI, and conversational technologies in India and across the globe by harnessing cutting-edge AI models to transform key industries and drive digital innovation in multiple sectors, Larsen & Toubro (L&T) said in a filing to BSE. The partnership between L&T-Cloudfiniti and Hanooman AI, an AI startup in the healthcare and life sciences space, will leverage the latter's advanced AI-powered tools to accelerate healthcare transformation in India. By integrating AI-driven insights into healthcare practices, Hanooman will improve patient outcomes, optimise treatment pathways, and advance medical research in life sciences, it said. With its ...

LIC suffers Rs 84,000 crore dent in portfolio amid stock market crash

A large portion of the dip is attributed to the over 10 per cent correction in ITC (Rs 11,863 crore), Larsen & Toubro (Rs 6,713 crore) and State Bank of India (Rs 5,647 crore) shares, thus far in CY25

Here's why L&T share gained 4% in trade on February 4; check reasons here

Larsen & Toubro reported a consolidated net profit of Rs 3,359 crore in Q3FY25, reflecting a 13.9 per cent increase compared to Rs 2,947.4 crore in Q3FY24

Markets Today: Economic Survey, US GDP; Nestle, ONGC, Q3; Dr. Agarwal's IPO

Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489

Maintaining growth momentum key for more gains in L&T Technology Services

Management expects tech and sustainability to continue the growth momentum in the near-to-medium term, while mobility is to remain muted in Q4 but should rebound by FY26

L&T bags significant orders worth Rs 1K-25K cr in Q3FY25 in India, overseas

Infrastructure major Larsen & Toubro (L&T) on Wednesday said its heavy engineering arm has bagged significant orders in the third quarter in the domestic market and abroad. Orders in the range of Rs 1,000 crore to Rs 2,500 crore range are classified as 'significant' by the company. In the overseas market, it secured an order for LNG equipment for a project in the USA, L&T said in a filing to BSE. The business also secured a breakthrough order for a loop reactor in a Propane Dehydrogenation (PDH) Polypropylene (PP) Plant in Turkey. Further, the business has secured a repeat order from a leading oil and gas customer in Saudi Arabia for a Fluid Catalytic Cracking Unit revamp project. The business has then bagged an order from a client in Kuwait. This is for the supply of critical components for hydrocracker reactors and high-pressure heat exchangers. In the domestic market, the company has bagged projects for three urea reactors from Southern Petrochemical Industries ...

L&T gains 3% on winning large orders; rallies 8% in 3 days post Q1 results

L&T share price had hit a record high of Rs 3,948.60 on June 3, 2024. Meanwhile, The management maintained its guidance of 15 per cent revenue growth and 10 per cent order inflow on the higher base of