L&T incorporates new data centre subsidiary LTA Data Centres; what investors need to know

The company informed the stock exchanges that it had incorporated the new wholly owned subsidiary after receiving the Certificate of Incorporation for LTADCPL from the Ministry of Corporate Affairs.

LTADCPL, which was incorporated on June 20, 2026, in India, has an authorised share capital of ₹1 lakh, comprising 1,000 equity shares of ₹100 each, according to a regulatory filing.

LTADCPL was formed for the purpose of establishing data centres and related technology-enabled services, it said.

The entire share capital has been subscribed by Vyoma.AI Ltd, along with its nominee shareholder, with the former holding 100% stake in the new data centre firm.

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In a separate regulatory filing dated June 20, Vyoma.AI Limited incorporated a new wholly owned subsidiary, LTN Compute Private Limited (LTNCPL).

LTNCPL was formed for the purpose of establishing artificial intelligence (AI) computer infrastructure and for providing technology, it stated.

On May 26, L&T’s subsidiary L&T GeoStructure secured multiple significant orders worth between ₹1,000 crore and ₹2,500 crore. This included the largest-ever piling order, secured from JSW Utkal Steel Ltd.—a subsidiary of JSW Steel—at the 10 MTPA Integrated Steel Plant at Paradeep, Odisha.

The business has secured two separate orders from the Inland Waterways Authority of India (IWAI) for the engineering, procurement, and construction of ship repair facilities (SRF) at Patna and Varanasi.

L&T stock performance

Shares of L&T closed 0.83% higher at ₹4,216.40 per unit on the National Stock Exchange (NSE) on Thursday, June 25. However, the development was announced after the market closed.

The scrip has gained more than 4% over the month and 1% on a year-to-date basis.

While the stock hit a 52-week high of ₹4,440 per unit on February 24, 2026, it touched a year’s low of ₹3,288.10 per equity share on March 23, 2026.

Q4 results

The company reported a 3% year-on-year (YoY) fall in its consolidated net profit to ₹5,326 crore for the quarter ending March 31 of the financial year 2025-26 (Q4 FY26). It had seen a profit of ₹5,497 crore in the same quarter of the previous fiscal year.

L&T’s revenue from operations for the quarter under review stood at ₹82,762 crore, marking an increase of 11.3% YoY from ₹74,392 crore in the March quarter of FY25. The firm’s international revenues stood at ₹43,747 crore, contributing 53% of the total revenues.

L&T has a total market capitalisation of ₹5.78 lakh crore as of June 25, 2026, according to data on the NSE.