Larsen & Toubro Limited has informed the Exchange about Bagging/Receiving of orders/contracts
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L&T's Minerals & Metals (M&M) business has secured Major-classified orders from Steel Authority of India Limited (SAIL) and other domestic clients for EPC projects in the metals sector. The key highlight is a complete engineering, procurement and installation package for SAIL's IISCO Steel Plant at Burnpur, West Bengal, supporting its expansion from 2.5 MTPA to 6.5 MTPA crude steel capacity, covering Coke Oven Battery, By-Product Plant, Basic Oxygen Furnace and material handling equipment. Additionally, L&T won a Sinter Plant #2 package at SAIL's Bokaro Steel Plant in Jharkhand. L&T also secured multiple orders for specialised material handling equipment like Stacker Reclaimers and Wagon Tipplers from various Indian clients. Major orders under L&T's classification range from ₹5,000 to ₹10,000 crore in value.
This is a positive development reinforcing L&T's strong position in India's steel and metals EPC segment. The orders strengthen the company's order book and support revenue visibility, though at roughly 2-4% of annual revenue, the immediate stock impact is likely to be modest. Continued PSU wins demonstrate L&T's competitive moat in domestic industrial infrastructure.