L&T wins major ₹2,500 - ₹5,000 crore infrastructure development order in Maharashtra

The order has been bagged by the Transportation Infrastructure vertical of L&T, the company said in a stock exchange filing.

Orders in the range of ₹2,500 crore to ₹5,000 crore are classified as 'large' by the company.

"L&T has secured an order for an integrated infrastructure development project in town planning schemes 2 to 7 under the Navi Mumbai Airport Influence Notified Area (NAINA) Project in Maharashtra," it said.

The project has been awarded by City and Industrial Development Corporation Limited (CIDCO) for integrated infrastructure development of roads, construction of various major and minor structures and allied electrical works.

The project will feature four approach roads spanning 13.28 km, with key structures such as three iconic steel bridges, minor bridges, underpasses, and access to various structures. It also includes the construction of utility works and associated electrical works, as mentioned.

India's largest engineering and construction company's first-quarter profit for fiscal year 2025 increased, surpassing analysts' predictions. The company’s net profit rose 10.4% year-on-year to ₹3,440 crore for the three months ending in June.

The project also involves construction of utility works and allied electrical works.

L&T is a USD 27-billion company engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services.