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Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
493.7923866
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
51.89
531730.79
EPS(TTM)
Face Value()
Div & Yield %
74.49
2
0.88
 

Larsen & Toubro Ltd
L&T secures Pinaka system order from Indian Army
Jan 08,2026
The program involves lifecycle support and modernization of in-service Pinaka regiments. Under the arrangement, 510 Army Base Workshop (ABW) of the Corps of EME will carry out overhauls and upgrades, while L&T, as the OEM, will supply critical spares and provide technical and quality support.

In the initial phase, L&T and 510 ABW will jointly undertake a pilot overhaul of Pinaka Launchers and Battery Command Posts, after which the remaining systems will be overhauled by 510 ABW. The initiative reinforces the public-private partnership model in defence sustenance and aligns with the Aatmanirbhar Bharat program.

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a 15.6% jump in consolidated net profit to Rs 3,926.09 crore on a 10.4% increase in revenue from operations to Rs 67,983.53 crore in Q2 FY26 over Q2 FY25.

Shares of Larsen & Toubro shed 0.23% to Rs 4,158.10 on the BSE.

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