Larsen & Toubro Limited has informed the Exchange regarding a press release dated Jun 03, 2025, titled "L&T Wins (Significant*) Orders for Water & Effluent Treatment Business".
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Awaiting price reaction for this filing.
L&T's Water & Effluent Treatment (WET) business has secured Significant-class orders (valued between ₹1,000–2,500 crore) from the Public Health Engineering Department of Rajasthan. The first is an EPC order for Phase II of the Rajasthan Rural Water Supply and Fluorosis Mitigation Project, covering 5,251 km of pipelines, 38 ground-level reservoirs (40 ML), 20 pump houses, and 132 overhead service reservoirs (25 ML) across 285 villages and two towns in Jhunjhunu district. The second involves strengthening 43 km of transmission pipelines in the Kekri-Sarwar sector of Ajmer district. Both projects include 1-year defect liability and 10-year operations & maintenance. L&T noted these are repeat orders, with 24 such water projects already delivered in Rajasthan.
Positive for sentiment — these repeat government orders strengthen L&T's domestic water infrastructure order book and reinforce its execution track record, though the value (₹1,000–2,500 Cr) is modest relative to L&T's ~USD 30 billion scale and unlikely to materially move the stock.