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Company News Details

Larsen & Toubro Ltd
Industry :  Engineering - Turnkey Services
BSE Code
ISIN Demat
Book Value()
500510
INE018A01030
541.716552
NSE Symbol
P/E(TTM)
Mar.Cap( Cr.)
LT
41.41
556537.83
EPS(TTM)
Face Value()
Div & Yield %
97.67
2
0.94
 

Larsen & Toubro Ltd
L&T bags ONGC contracts for offshore pipeline, wellhead platform projects
Aug 07,2026
The Pipeline Replacement Project (PRP-X) involves engineering, procurement, construction, installation and commissioning (EPCIC) of multiple subsea pipeline segments, along with associated modification works across ONGC's offshore fields. The Well Head Platforms Project includes the EPCIC of four wellhead platforms.

L&T Energy Hydrocarbon Offshore (LTEH Offshore) is a leading provider of integrated EPCIC solutions for the offshore oil and gas industry. Backed by in-house engineering expertise, advanced fabrication facilities and a dedicated fleet of marine vessels, the business has delivered complex shallow-water and deep-water developments across global markets.

Over the past four decades, LTEH Offshore has executed a wide range of offshore projects, including fixed platforms, subsea pipelines and structures, brownfield upgrades, and decommissioning assignments.

Parthasarathi Chatterjee, Senior Vice President & Head – L&T Energy Hydrocarbon Offshore, said, 'These orders reaffirm LTEH Offshore’s position as a trusted partner in the development of India’s offshore energy infrastructure. They reflect the confidence customers place in our integrated EPCIC capabilities, extensive project execution experience and unwavering commitment to safety and operational excellence. We look forward to delivering these projects to ONGC and contributing to the nation’s energy aspirations.'

Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services, operating across diverse domains and multiple geographies.

L&T had reported a 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 as compared with Q1 FY26.

The counter shed 0.23% to Rs 4,040.85 on the BSE.

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