L&T subsidiary bags multiple orders worth up to ₹5,000 crore; stock trades flat  

The Buildings & Factories (B&F) business vertical of L&T has secured an order from Madhya Pradesh State Tourism Development Corporation to construct Advait Lok (Acharya Shankar Museum Complex & Parking) at Omkareshwar in Khandwa district.

The engineering, procurement and construction (EPC) order entails the development of a global museum, distinguished by large-scale intricate stone carvings and glass fibre reinforced concrete architectural elements. The scope of the order also includes civil structure and architectural finishes, mechanical, electrical and plumbing (MEP) services, external development including parking facilities, and operations and maintenance for five years. The project is to be delivered in 36 months.

The business has also received an EPC order from the Assam Government for the redevelopment of the R G Baruah Sports Complex located in Guwahati. The project involves the construction of a FIFA-compliant football stadium with a seating capacity of 25,000. In addition, the project includes developing a range of sports and allied facilities. The project is to be delivered in 27 months.

The business has secured another order from a reputed developer for the construction of luxury high-rise residential towers in Mumbai.  

L&T share price

Following the development, shares of L&T were trading flat. At 11:50 AM, L&T shares were trading at ₹4,063 apiece on the National Stock Exchange, losing 0.02%.

In the last five days, L&T shares have gained 1.3%, while the stock has zoomed over 12% in 6 months. Since the beginning of 2025, L&T shares have rallied 11%.

Shares of the firm had hit a 52-week high of ₹4,140 on November 27, 2025, and a 52-week low of ₹2,965.30 on April 7, 2025.

The company has a total market capitalisation of ₹5.59 lakh crore, according to data on the NSE.

L&T Q2 earnings

Larsen and Toubro had reported a 15.6% increase in its consolidated net profit at ₹3,926 crore for the quarter ending September 30 of the financial year 2025-26. The infrastructure major had seen a profit of ₹3,395 crore in the same quarter of the previous fiscal year.

L&T’s revenue from operations for the quarter under review was at ₹67,984 crore, marking a growth of 10.4% from ₹61,555 crore reported in the fourth quarter of FY25.

For Q2 FY26, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 7% year-on-year (YoY) to ₹6,807 crore as against ₹6,362 crore in Q4 FY24. Its margin was almost flat at 10.1% in contrast to 10.3%.

The company had secured orders worth ₹210,237 crore, registering YoY growth of 39% for the half-year ended September 30, 2025.

The consolidated order book of the Group as of September 30, 2025, was at ₹667,047 crore, a growth of 15% over March 2025. International orders comprise 49% of the order book.