Larsen & Toubro's Buildings & Factories Secures Major Contracts Worth Up to ₹2,500 Crore
Larsen & Toubro's B&F vertical bags significant orders
Business Standard
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Larsen & Toubro's Buildings & Factories (B&F) division has secured significant contracts in India, valued between ₹1,000 crore and ₹2,500 crore. Notable projects include seven residential towers for Oberoi Realty in Gurugram, Haryana, and a proving ground facility for an international client, enhancing the company's position in the construction sector.
- 01Larsen & Toubro's B&F division secured contracts valued between ₹1,000 crore and ₹2,500 crore.
- 02Major projects include seven high-rise towers in Gurugram for Oberoi Realty.
- 03The company also won a contract for a proving ground facility in Haryana.
- 04L&T's net profit declined by 4.27% year-on-year in Q3 FY26.
- 05Shares of L&T increased by 0.56% following the announcement.
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Larsen & Toubro (L&T), a leading Indian multinational in engineering, procurement, and construction (EPC), has announced that its Buildings & Factories (B&F) vertical has secured multiple significant contracts in India, valued between ₹1,000 crore and ₹2,500 crore. One of the major projects involves the construction of seven high-rise residential towers for Oberoi Realty in Gurugram, Haryana, which includes RCC shell and core construction, earthworks, and piling, all to be completed within strict timelines. Additionally, L&T has won a contract from a reputed international client to build a proving ground facility in Haryana, aimed at enhancing testing infrastructure for advanced vehicles. This facility will also include finishing works and external development. Despite these wins, L&T reported a 4.27% decline in net profit year-on-year, totaling ₹3,215.11 crore in Q3 FY26, although revenue from operations rose by 10.48% to ₹71,449.70 crore. Following the announcement, L&T's shares rose by 0.56% to ₹4,044.85 on the Bombay Stock Exchange (BSE).
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The secured contracts will boost local employment opportunities in construction and related sectors, contributing to economic growth in Gurugram and Haryana.
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