Larsen & Toubro (L&T), India’s leading engineering and construction conglomerate, saw its share price rise by 1.6% to ₹3,663.90 after securing a significant 6,400 MW thermal power project from Adani Power. The order, to be executed by L&T Energy – CarbonLite Solutions, involves the design, engineering, manufacturing, and commissioning of Boiler-Turbine-Generator (BTG) packages. L&T’s robust Q1FY26 results further reinforce its strong market position, highlighting sustained growth in profits and revenues amid India’s expanding energy infrastructure demand.
India’s Larsen & Toubro (L&T) witnessed a 1.6% uptick in its share price to ₹3,663.90 on Monday following the announcement of a landmark contract award from Adani Power. The multinational engineering giant secured an ultra-mega order to set up eight thermal power units with a combined capacity of 6,400 MW.
This large-scale project will be carried out by L&T Energy – CarbonLite Solutions, the company’s specialized business vertical focusing on advanced power and low-carbon technologies. The contract scope includes the complete design, engineering, manufacturing, supply, and commissioning of Boiler-Turbine-Generator (BTG) packages along with auxiliary systems and sophisticated control and instrumentation frameworks.
This project not only strengthens our long-standing partnership with the Adani Group but also reaffirms our leadership role in constructing India’s critical energy infrastructure, vital for delivering reliable and affordable power across the country.”
Subramanian Sarma, Deputy Managing Director & President of L&T
The share price momentum comes on the back of L&T’s robust financial performance in Q1FY26. The company posted a consolidated net profit of ₹3,617.19 crore, marking a strong 29.8% increase year-on-year from ₹2,785.72 crore. Revenue climbed 16% to ₹63,679 crore, driven primarily by growth in the Projects & Manufacturing (P&M) segment.
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Earnings before interest, taxes, depreciation, and amortization (EBITDA) rose 13% YoY to ₹6,318 crore, although the EBITDA margin saw a slight contraction from 10.2% to 9.9%.
Financial analysts note that L&T’s ability to secure mega contracts in the energy sector reflects its unmatched engineering prowess and execution capabilities, positioning the company well to capitalize on India’s infrastructure expansion plans.
L&T’s sustained growth trajectory and the latest Adani Power contract collectively underscore investor confidence in the company’s strategic vision and operational excellence.
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