Larsen & Toubro shares trade in green as arm bags significant order; all you need to know

Larsen & Toubro (L&T) shares rose 1% to touch an intraday high of ₹3,889.30 apiece as the infrastructure major’s arm bagged a large order on Wednesday, May 13.

“The Power Transmission & Distribution (PT&D) business vertical of L&T has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations,” the company said in a regulatory filing.

The order, worth between ₹1,000 crore and ₹2,500 crore, pertains to constructing one 380 kV substation and two 132 kV substations. These high-capacity substations will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands.

The company’s power transmission and distribution business vertical is a major EPC player, providing technology-driven, end-to-end solutions for enabling access to clean and reliable electricity.

L&T, in a statement, further said that the business provides integrated EPC services along with digital energy solutions, covering everything from the development of smart and efficient transmission and distribution (T&D) networks to last-mile electrification.

It added that the business caters to utilities, renewable energy developers, and industrial and infrastructure customers across over 30 countries in the SAARC, ASEAN, Middle East, Africa, North America, and CIS regions.

L&T share price

At 10:50 AM, shares of L&T were trading at ₹3,871.30 apiece on the National Stock Exchange, rising 0.37%.

In the last five days, L&T shares have fallen 3%, while the stock has slipped 2% in the last three months. Since the beginning of 2026, L&T shares have lost nearly 7%.

Shares of the firm had hit a 52-week high of ₹4,440 on February 24, 2026, and a 52-week low of ₹3,288.10 on March 23, 2026.

The company has a total market capitalisation of ₹5.31 lakh crore, according to NSE data.

L&T Q4 FY26 earnings

Larsen and Toubro (L&T) had reported a 3% decline in its consolidated net profit at ₹5,326 crore for the quarter ending March 31 of the financial year 2025-26. The infrastructure major had seen a profit of ₹5,497 crore in the same quarter of the previous fiscal year.

The firm said the total consolidated PAT for the year of ₹16,084 crore includes a one-time material provision of ₹1,155 crore (net of tax & NCI) towards employee benefits arising from the implementation of the new labour codes, which has been classified under 'Exceptional Item'.

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

The company achieved consolidated revenues of ₹285,874 crore for the year ended March 31, 2026, registering a YoY growth of 12% driven by steady execution progress across businesses. For FY26, the international revenues was at ₹153,738 crore, constituting 54% of total revenues.

As of March 31, 2026, the group's consolidated order book stood at an all-time high of ₹740,327 crore, marking a 28% growth over March 2025.