L&T Secures Massive Orders from Abroad
Larsen & Toubro (L&T), India’s premier engineering and infrastructure conglomerate, saw robust order expansion in the January–March 2025 quarter, led mainly by large overseas contracts. The company posted a 24% year-over-year rise in new orders, highlighting its increasing global footprint. Consolidated revenue for the quarter increased almost 11% to ₹74,392 crore, with net profit rising to ₹5,497 crore, beating market estimates.
A major contributor to this performance was L&T’s record-largest offshore hydrocarbon contract worth ₹15,000 crore (about $1.75 billion) from QatarEnergy LNG. This “Ultra Mega” order marks L&T’s strategic foray in the Middle East, which has now become an important region for its global operations. Interestingly, international orders now constitute 70% of the company’s new business, up from 35% a year ago.
L&T’s Power Transmission & Distribution business also played a crucial role, bagging orders within India and internationally, including some large projects in Saudi Arabia and western India. These orders have served to strengthen L&T’s order book in sectors.
The spurt in overseas orders mirrors the company’s strategy to offset domestic headwinds by looking at high-value opportunities abroad. The Indian government’s sustained push for infrastructure has also given L&T a reliable pipeline of local projects.
In the future, L&T is hopeful of continued momentum in FY26, underpinned by a robust order book and a diversified global presence. The performance of the company strengthens its leadership in India’s infrastructure industry and its growth as a global player to reckon with.
