L&T classifies orders in the ₹2,500 crore to ₹5,000 crore as ‘large’.
It said it has secured an engineering, procurement and construction (EPC) order from the Central Public Works Department (CPWD) to construct common central secretariat buildings 6 and 7 in New Delhi. The project configuration comprises two buildings of one basement, two podiums, upper ground and six floors.
The scope of work involves civil structure, finishes, associated mechanical, electrical, plumbing (MEP) services and external development within the site, L&T said. It also includes operation and maintenance for five years, it added.
The business and factories vertical has also won a design and construction order from the Andhra Pradesh government to construct the state legislative assembly. The work includes construction of the building with one basement, ground and three-floor configuration.
Both these projects are to be executed within 18 months, L&T said.
L&T reported its fourth quarter earnings last week. Its net profit increased 25% to ₹5,497 crore in the March quarter from ₹5,024 crore in the year-ago period. Its revenue of ₹74,392 crore was up 11% from the previous year’s ₹67,078 crore.
The company’s earnings before interest tax depreciation and amortisation (EBITDA) was up 13.4% at ₹8,202 crore from the previous year. Its operating margin improved slightly to 11% from 10.8% in the year-ago period.
The board also recommended a final dividend of ₹34 per equity shares, subject to shareholder approval.
L&T has guided for 15% topline growth in FY26, backed by continued momentum in both domestic and international markets. The company expects core operating margins to improve to 8.5% from 8.3% in FY25, reflecting operational efficiencies and a healthy order book.
Order inflow is projected to grow by 10% in the new fiscal year, with L&T identifying ₹7 lakh crore worth of prospects in India and ₹12 lakh crore overseas. The company remains confident of sustaining international demand momentum.
On its defence business, L&T said it is well-positioned with decades of experience and strong technological capabilities. The FY26 pipeline, it added, appears promising at the start of the year.
L&T shares recovered 1.55% from their day’s low after the company said it had secured the fresh orders. The stock was up 0.26% at ₹3,596.6 apiece at 11.05 am.
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