Larsen & Toubro Limited is an Indian multinational conglomerate headquartered at L&T House, Ballard Estate, Mumbai. It was started in 1938 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro, and incorporated as a company on 7 February 1946. The group works across engineering, procurement and construction projects, hi-tech manufacturing and services, and serves customers in more than 50 countries with manufacturing plants in eight countries besides India.
The business is organised around construction, energy, manufacturing, services and allied businesses. That covers infrastructure and buildings, hydrocarbon onshore and offshore, power transmission and distribution, green energy, heavy engineering, defence and precision engineering, metals and minerals, shipbuilding, realty, plus technology and financial services arms. Its listed subsidiaries include LTIMindtree and L&T Technology Services, which report separately from the parent.
For FY2025-26 L&T reported consolidated revenue of ₹2,85,874 crore, up 12%, with recurring profit after tax of ₹17,238 crore and an order book of ₹7,40,327 crore. The stock trades on the NSE as LT and on the BSE as 500510, and market capitalisation stood at about ₹5.22 lakh crore. In May 2026 the company laid out Lakshya 31, a five-year plan to roughly double revenue by FY31 with ₹43,000 to ₹45,000 crore of investment into green hydrogen, data centres, semiconductors and industrial electronics.