🌊 Larsen & Toubro Wins ₹5,000–10,000 Crore ONGC Pipeline Replacement Orders

Larsen & Toubro has secured a major batch of offshore orders from ONGC, with an estimated value of ₹5,000–10,000 crore. The contracts involve offshore pipeline replacement projects, strengthening L&T's position in India's oil & gas infrastructure and offshore engineering segment. The development also highlights continued investment in maintaining and upgrading India's offshore energy infrastructure. The fresh order win comes shortly after L&T reported Q1 FY27 revenue of ₹67,942 crore, up 7% YoY, while PAT increased 14% to ₹4,123 crore. Its order inflows during the quarter reached ₹1.08 lakh crore, providing strong visibility for future execution. 📌 StockYard Insight: The fresh ONGC order strengthens L&T's hydrocarbon and offshore engineering portfolio and adds further visibility to its already strong order book. The development is positive for the company's long-term infrastructure and energy-sector growth outlook. #LarsenAndToubro #LT #ONGC #OilAndGas #Infrastructure #OffshoreEngineering #StockYardResearch