Larsen & Toubro (L&T) has received orders under its Building & Factories (B&F) business, categorized as “significant”, falling in the range of ₹1,000 crore to ₹2,500 crore, as per the company’s stock exchange filing on March 5, 2025. The orders include residential projects across Mumbai, Bangalore, and Chennai.
As of March 5, 2025, 11:20 AM, Larsen & Toubro Ltd (L&T) stock price stood at ₹3,223.55, showing a 0.33% increase (+₹10.55) for the day. Over the past month, the stock has declined by 4.72%, and over the past year, it has dropped by 10.77%.
Mumbai
The company has secured an order for the construction of two high-rise residential towers in Mumbai. These structures will reach heights of 273 meters and follow a configuration of 3 basements + ground floor + 7 podiums + 51/57 floors.
Bangalore
In Bangalore, L&T has been awarded a contract to construct 14 luxury towers on a design and build basis. These will have a configuration of 3 basements + ground floor + 27/28 floors.
Chennai
The company will also develop 25 residential towers in Chennai, built on a design and build basis. The towers will have a 2 basement + ground + 14-floor configuration.
As per L&T’s project classification, orders valued between ₹1,000 crore and ₹2,500 crore fall under the “significant” category. The company has also received add-on orders for ongoing projects, as per the filing.
L&T is an Indian multinational engaged in EPC (Engineering, Procurement, and Construction), Hi-Tech Manufacturing, and Services, with operations across multiple geographies. The company reported an annual revenue of $27 billion and has been in operation for over eight decades.
The details of these orders were disclosed in the company’s filing with the BSE and NSE. No analyst views were provided in the filing regarding the financial impact or expected revenue from these contracts. The projects will be executed within the timelines specified in the agreements.
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Published on: Mar 5, 2025, 2:16 PM IST
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