Larsen & Toubro’s Buildings & Factories (B&F) business has secured multiple “Large” order wins from a prominent real-estate developer for projects across three Indian states. These projects include a massive residential development in Hyderabad featuring ten 180-metre high-rise towers and a luxury residential tower in Worli, Mumbai, reaching up to 260 metres. Additionally, the business will construct luxury villas and a hotel in Karnataka. According to L&T’s classification, a “Large” order is valued between ₹2,500 crore and ₹5,000 crore.

The Hyderabad project involves designing and building towers with a configuration of two basements plus 55 floors, including two clubhouses. In Mumbai, the scope covers the RCC shell and core structure for a tower with five basements and 63 floors. The Karnataka segment includes the construction of residential villas, a luxury hotel, and ancillary structures, focusing on the RCC shell, core, and associated finishes. These wins highlight L&T’s extensive expertise in delivering complex EPC solutions for residential and commercial spaces.

Larsen & Toubro is a USD 32 billion multinational conglomerate with a legacy of eight decades in EPC projects, hi-tech manufacturing, and services. In March 2025, the company secured a major international order from QatarEnergy LNG for offshore compression complexes. Throughout 2025, L&T has aggressively expanded into new sectors, including the launch of L&T Semiconductor Technologies and major investments in green energy and data centers under its Lakshya strategic plan. The company recently moderated its Lakshya 2031 targets while maintaining a focus on high-growth areas like AI and digital infrastructure.

For the quarter ended March 31, 2026, L&T reported consolidated revenue of ₹82,762 crore, marking an 11.25% growth compared to ₹74,392 crore in the corresponding quarter of 2025. However, consolidated net profit for the quarter declined by 3.12% to ₹5,326 crore from ₹5,497 crore in the previous year, primarily due to exceptional items and cost pressures. L&T remains a professionally managed entity without a traditional promoter; as of mid-2025, major stakeholders include the Life Insurance Corporation of India (LIC) with an ~11% stake and the L&T Employees Welfare Foundation holding approximately 13.5%. Other significant institutional investors include SBI Mutual Fund and HDFC Mutual Fund.