Larsen & Toubro (L&T), an Indian multinational involved in engineering, procurement, and construction (EPC) projects, has secured its largest-ever domestic order in the metals sector from JSW Steel. The contract, valued between ₹10,000 crore and ₹15,000 crore (approximately $1.2 billion to $1.8 billion USD), involves the engineering, procurement, and installation of critical process facilities, including blast furnaces and steel melt shops, at JSW Steel's sites in Ballari, Karnataka, and Paradip, Odisha. This initiative is part of JSW Steel's strategy to expand its crude steel capacity from 35 million tonnes per annum (MTPA) to over 50 MTPA by 2031. D. K. Sen, Advisor to the Chairman and Managing Director of L&T, emphasized that this milestone reflects the company’s commitment to innovation and national development. Despite this achievement, L&T reported a 3.12% decline in consolidated net profit to ₹5,325.60 crore for Q4 FY26, even as revenue from operations increased by 11.25% to ₹82,762.16 crore compared to Q4 FY25. Following the announcement, L&T's shares fell by 2.69% to ₹3,947.20 on the Bombay Stock Exchange.