L&T Rs 15,000 Cr Win to Power India's Global Steel Powerhouse Push

Larsen & Toubro (L&T) bagged its largest-ever order in the domestic metal sector, valued at Rs 10,000 to Rs 15,000 Cr, from JSW Steel.

L&T will install key process facilities, including blast furnaces and steel melt shops, as part of several brownfield and greenfield expansion projects at JSW Sites in Ballari (Karnataka) and Paradip (Odisha).

The order is driven by JSW’s vision to scale crude oil capacity from 35 MTPA to over 50 MPTA by 2031 to drive India’s ambition to become a global steel powerhouse. The two companies share a partnership of over three decades, reinforcing confidence in this large-scale execution.

 D K Sen, Advisor to CMD, Development Projects & Minerals & Metals, L&T, remarked on this achievement as “These orders are not merely a testament to our engineering and execution capabilities, but also an affirmation of the trust placed in us to deliver assets of national significance. As India accelerates its journey towards becoming a global steel powerhouse, L&T remains committed to setting new benchmarks in project delivery, sustainability and technological excellence.”

Also Read: POSCO-JSW Steel Project to Strengthen India's Manufacturing Push

L&T classifies any order in the range of Rs 10,000 to Rs 15,000 as mega orders. T Kumaresan, Senior Vice President and Head, Minerals and Metals of L&T said, “These prestigious wins further strengthen our leadership in executing large, complex metallurgical projects. Our ability to integrate technology, optimise project timelines and deliver with precision continues to differentiate us. We remain focused on partnering with JSW in shaping their growth through technology and on-time delivery.”

Amidst this great win, Larson and Turbo reported its Q4 FY26 net profit of Rs5,326 Cr, marking a 3 percent dip in comparison to last year. This dip was partly due to an exceptional gain last year of Rs 476 Cr. Meanwhile, revenue from operations rose a healthy 11 percent reaching Rs 82,762.