Larsen & Toubro’s Heavy Engineering division has won several significant orders in both international and domestic markets during the third quarter of FY25. The company announced these developments in a regulatory filing on January 8, 2025.
The shares of Larsen & Toubro Limited were trading at ₹3,607.30 down by ₹36 or 0.99 per cent on the NSE today at 1.25 pm.
In the overseas market, L&T secured a major LNG equipment order for a project in the United States, marking one of its largest LNG project orders to date. The company also won a breakthrough contract for a loop reactor in a Propane Dehydrogenation Polypropylene Plant in Turkey, demonstrating its capabilities in the petrochemical sector.
The engineering giant received a repeat order from a Saudi Arabian oil & gas customer for a Fluid Catalytic Cracking Unit revamp project. Additionally, L&T secured an order from Kuwait for supplying critical components for hydrocracker reactors and high-pressure heat exchangers.
In the domestic market, L&T strengthened its position in the fertilizer sector by winning contracts for three urea reactors from Southern Petrochemical Industries Corporation, Indian Farmers Fertiliser Cooperative Ltd, and Indorama India Private Ltd. This brings the company’s recent urea reactor orders to 17 consecutive wins.
L&T, a $27 billion Indian multinational, classifies these as “significant” orders, which typically fall within the range of ₹1,000 to ₹2,500 crore according to the company’s project classification system.