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L&T Bags Government EPC Contract
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Larsen & Toubro secures major ₹2,500–₹5,000 crore EPC contract for government buildings, contributing to its ₹5.79 lakh crore order book. The company also reported a 24% YoY increase in Q4FY25 orders and declared a ₹34 final dividend for FY25.

The share price of Larsen & Toubro jumped by 0.4% on Tuesday, trading at ₹3,602 (as of 12:05 pm). The stock registered an intraday high of ₹3,606 on the NSE, following the company’s announcement that its Buildings & Factories (B&F) vertical has secured large orders from various state and central government agencies in India. 

Order Details

The Central Public Works Department (CPWD) has awarded L&T an engineering, procurement and construction (EPC) contract for the construction of Common Central Secretariat buildings 6 and 7 in New Delhi. The project will involve two buildings with a configuration of one basement, two podiums, an upper ground floor, and six upper floors.

L&T’s scope of work includes civil construction, interior finishes, mechanical, electrical and plumbing (MEP) services, site-wide external development, and operation and maintenance for a period of five years.

In another significant order, the company has secured a design and construction contract from the Government of Andhra Pradesh for the new State Legislative Assembly building. The structure will consist of a basement, ground floor, and three additional floors.

Both projects are expected to be completed within an 18-month schedule. 

As per the press release of L&T Limited, the large work order is classified into the ₹2,500 to ₹5,000 crore order.

Larsen & Toubro is a $30 billion Indian multinational engaged in EPC projects, hi-tech manufacturing, and services across various geographies. With a customer-centric approach and an emphasis on quality, L&T has maintained leadership across its core businesses for over eight decades.

Q4 Order Book & Dividend Announcement

During Q4FY25, the company secured fresh orders worth ₹89,613 crore, an increase of 24% YoY. Of these, international contracts accounted for ₹62,739 crore, making up 70% of the total orders for the quarter.

On a full-year basis, L&T won new orders worth ₹3,56,631 crore at the group level, representing an 18% rise YoY. As of March 31, 2025, the company’s consolidated order book stood at ₹5,79,137 crore, up 22% YoY, with 46% of the order book comprising international projects. 

Larsen & Toubro’s Board of Directors has proposed a final dividend of ₹34 per equity share (face value ₹2) for the financial year ending March 31, 2025. The company has set Tuesday, June 3, 2025, as the record date to determine eligible shareholders.

Share Price Performance of L&T 

Looking at the stock performance on a YTD basis, the stock has a marginal jump of 0.88% while in the last 12 months it is up by 10.28%. Over the longer-term period of 5 years, the stock price has logged gains of 338.13%.

Disclaimer: The article is for informational purposes only and not investment advice.