Hot Pursuit     05-Mar-25
L&T’s Building & Factories division bags ‘significant’ order for construction of residential towers
Larsen & Toubro (L&T) has announced that its Building & Factories (B&F) vertical has secured significant orders from a reputed developer for the construction of residential towers in Mumbai, Bangalore, and Chennai.
According to L&T's internal classification, the value of the contract ranges from Rs 1,000 crore to Rs 2,500 crore.

In Mumbai, the project involves the construction of two ultra-luxury high-rise towers, reaching heights of up to 273 meters. These towers will feature configurations of 3B+G+7P+51/57 floors. In Bangalore, the project consists of 14 luxury towers to be built on a design and build basis, with configurations of 3B+G+27/28 floors. Meanwhile, in Chennai, the project includes 25 luxury towers, also on a design and build basis, with a configuration of 2B+G+14 floors. The company clarified that all the projects are to be executed within stringent timelines.

In addition to these new projects, L&T has also secured several add-on orders for its ongoing projects.

Larsen & Toubro (L&T) is an Indian multinational engaged in EPC projects, hi-tech manufacturing and services. It operates in over 50 countries worldwide. A strong, customer–focused approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades.

Larsen & Toubro reported 13.96% increase in consolidated net profit to Rs 3,358.84 crore in Q3 FY25 compared with Rs 2,947.36 crore in Q3 FY24. Revenue from operations jumped 17.31% YoY to Rs 64,667.78 crore in Q3 FY25.

The srip rose 0.09% to Rs 3,280.75 on the BSE.

Previous News
  Larsen & Toubro announces board meeting date
 ( Corporate News - 28-Apr-25   14:05 )
  Larsen & Toubro receives ESG rating from CRISIL
 ( Corporate News - 17-Apr-25   11:43 )
  Larsen & Toubro announces addition to senior management
 ( Corporate News - 02-Apr-25   16:24 )
  Larsen & Toubro wins orders under its PT&D vertical
 ( Corporate News - 01-Apr-25   14:06 )
  L&T’s PT&D vertical division bags ‘large’ orders from India & Abroad
 ( Hot Pursuit - 01-Apr-25   11:31 )
  L&T secures 'ultra-mega' order for Hydrocarbon biz
 ( Hot Pursuit - 26-Mar-25   11:09 )
  L&T’s Cloudfiniti division inks pact with three AI startups to drive digital innovation
 ( Hot Pursuit - 25-Mar-25   14:52 )
  L&T-Cloudfiniti enters into partnership with three AI start-ups
 ( Corporate News - 25-Mar-25   10:22 )
  L&T Energy Green Tech signs MoU with John Cockerill
 ( Corporate News - 24-Mar-25   19:30 )
  Market extends gains for 6th day; Nifty closes above 23,650 mark
 ( Market Commentary - Quick Review 24-Mar-25   16:05 )
  L&T gains as arm ink MoU with John Cockerill to explore various technologies
 ( Hot Pursuit - 24-Mar-25   14:37 )
Other Stories
  Aegis Logistics Ltd gains for third straight session
  29-Apr-25   13:05
  Go Digit General Insurance tumbles as Q4 PAT slides 2% QoQ to Rs 116 crore
  29-Apr-25   13:04
  IndusInd Bank Ltd spurts 0.75%, up for five straight sessions
  29-Apr-25   13:00
  Hexaware Tech jumps after Q1 PAT rises 3% QoQ to Rs 327 cr in CY25
  29-Apr-25   12:49
  Vimta Labs rises after strong Q4 performance; board OKs 1:1 bonus share issue
  29-Apr-25   12:49
  Tata Tech slides after large block deal
  29-Apr-25   12:38
  Nippon Life Q4 PAT slides 13% YoY to Rs 298 crore; declares dividend of Rs 10/sh
  29-Apr-25   12:26
  Firstsource Solutions Q4 PAT rises 20% YoY to Rs 161 cr in FY25
  29-Apr-25   12:26
  Growington Ventures India Ltd leads gainers in 'B' group
  29-Apr-25   12:15
  Hatsun Agro Product drops after Q4 PAT slide 18% YoY to Rs 43 cr
  29-Apr-25   12:04
Back Top