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Vyoma.AI has subscribed to 100% of LTNCPL’s equity share capital for a consideration of Rs 1 lakh. Accordingly, LTNCPL is wholly owned by Vyoma.AI.
The company said LTNCPL has not commenced business operations and, therefore, has not reported any turnover.
Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services.
The company reported a 3.12% decline in consolidated net profit to Rs 5,325.60 crore, despite a 11.25% increase in revenue from operations to Rs 82,762.16 crore in Q4 FY26 over Q4 FY25.
The counter shed 0.21% to end at Rs 4200.60 on the BSE.
In the cash market, the Nifty 50 index soared 231 points or 0.98% to 23,853.90.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, dropped 2.48% to 14.35.
HDFC Bank, Reliance Industries and Larsen & Toubro (L&T) were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The June 2026 F&O contracts will expire on Tuesday, 30 June 2026.
In the cash market, the Nifty 50 index soared 461.30 points or 1.99% to 23,622.90.
The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, tanked 5.73% to 14.72.
HDFC Bank, Reliance Industries and Larsen & Toubro were the top-traded individual stock futures contracts in the F&O segment of the NSE.
The June 2026 F&O contracts will expire on 30 June 2026.
L&T GeoStructure, a wholly-owned subsidiary of Larsen & Toubro, has recently secured multiple orders in India. According to the company's project classification, the value of the these orders ranges between Rs 1,000 crore to Rs 2,500 crore.
These include its largest-ever piling order, secured from JSW Utkal Steel — a subsidiary of JSW Steel — at the 10 MTPA Integrated Steel Plant at Paradeep, Odisha. The project spans nine major packages and involves critical structures such as the Blast Furnace, Hot Strip Mill and Steel Melting Shop, involving piling works of approximately 30 lakh running metres to be executed within a stringent timeline.
This apart, the business has secured two separate orders from the Inland Waterways Authority of India (IWAI) for the engineering, procurement and construction of Ship Repair Facilities (SRF) at Patna and Varanasi.
The state-of-the-art SRFs, planned in Bihar and Uttar Pradesh respectively, will feature advanced Ship Lift and Transfer Systems, including an 800-tonne boat hoist, to support the repair and maintenance of inland vessels. The projects will significantly strengthen the inland water transport ecosystem along National Waterway-1 (River Ganga).
The business has also secured an order for the construction of India's first yacht marina at Mumbai Harbour. Awarded by the Mumbai Port Authority, the project will comprise an approach trestle, piled breakwater, service platforms, concrete pontoons and gangways to enable safe and efficient yacht operations. It is poised to position Mumbai as a global maritime tourism hub while advancing India's broader blue economy ambitions.
Larsen & Toubro (L&T) has entered a strategic collaboration with France-based Exail to deliver an advanced Unmanned Mine Counter-Measure (MCM) Suite for the Indian Navy's Mine Counter Measure Vessels (MCMVs) programme.
L&T and Exail will together provide the Indian Navy with a state-of-the-art Unmanned MCM Suit, incorporating autonomous and remotely operated systems designed to detect, classify, identify and neutralise naval mines in a safe, stand-off manner.
L&T, as the prime contractor, will offer the Unmanned MCM Suite to all shipyards participating in Indian Navy's upcoming programme for 12 Mine Counter Measure Vessels. Exail will serve as the technology partner.
The partnership will enable the delivery of Exail's globally proven MCM technologies, already in operation with several navies worldwide and validated through extensive real-world deployments. The collaboration represents a major step towards strengthening India's mine countermeasure capabilities, enhancing maritime security and reinforcing Indo-French defence cooperation, while building a robust and self-reliant naval defence manufacturing ecosystem in India.
Commenting on the development, Arun Ramchandani, Senior VP & Head -Precision Engineering & Systems, L&T, said: “This partnership brings together L&T, with its extensive defence products legacy and maritime capabilities, and Exail, a global leader in unmanned maritime systems and mine warfare technologies. Exail contributes decades of proven operational expertise, while L&T leverages its strengths in defence engineering, indigenous manufacturing, complex system integration and lifecycle support”.
The Power Transmission & Distribution (PT&D) business vertical of Larsen & Toubro has secured a batch of EPC orders from prestigious clients in the Middle East for setting up extra-high voltage substations. According to the company's project classification, the value of the order ranges between Rs 1,000 crore to Rs 2,500 crore.
The orders pertain to constructing one 380 kV substation and two 132 kV substations. These high-capacity substations will ensure availability of reliable power to large load centres and decongest grids, thereby enabling them to meet the growing demands.
The orders have been awarded to PT&D on turnkey basis and are to be delivered against stringent timelines.
According to L&T’s internal classification, the value of this ‘significant’ contract lies between Rs 1,000 crore to Rs 2,500 crore.
The orders include the construction of one 380 kV substation and two 132 kV substations on a turnkey basis. The projects are aimed at ensuring reliable power supply to large load centres and easing grid congestion to meet rising electricity demand.
The company said the projects will be executed under stringent timelines.
L&T’s PT&D business provides technology-driven EPC solutions and digital energy services across the transmission and distribution value chain, including smart grid networks and last-mile electrification.
The business caters to utilities, renewable energy developers, and industrial and infrastructure customers across more than 30 countries spanning the SAARC, ASEAN, Middle East, Africa, North America and CIS regions.
The scrip rose 0.39% to currently trade at Rs 3,871.80 on the BSE.