L&T Heavy Engineering Secures Significant Orders in Q3 FY25

Larsen & Toubro’s (L&T) heavy engineering arm secured ‘significant’ orders worth ₹1,000-₹2,500 crore in Q3 FY25 across global and domestic markets. Key global wins include LNG equipment for a project in the US, a loop reactor for a propane dehydrogenation polypropylene plant in Turkey, a fluid catalytic cracking unit revamp project in Saudi Arabia, and hydrocracker reactor components for a client in Kuwait. Domestically, the arm bagged three urea reactor orders, including India’s longest for Southern Petrochemical Industries Corporation, and reactors for Indian Farmers Fertiliser Cooperative Ltd. and Indorama India Pvt. Ltd., bringing its urea reactor streak to 17 consecutive projects. L&T’s power transmission and distribution vertical also secured orders worth ₹2,500-₹5,000 crore. In Q2 FY25, L&T reported a 5.4% YoY rise in net profit at ₹3,395.3 crore, a 20.6% YoY jump in revenue at ₹61,554.6 crore, and EBITDA growth of 13% YoY to ₹6,362 crore with a margin of 10.3%.

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