Noida Metro Aqua Line expansion boosts L&T’s order intake

Larsen & Toubro (L&T) secured a ₹2,500 crore order from Noida Metro Rail Corporation Limited for the extension of the Aqua Line, the company disclosed on Monday. The contract involves the partial design and construction of a 15.1 km elevated viaduct, split into two sections – from Botanical Garden to Sector‑142 and from the depot station to Boraki – together with the construction of ten elevated metro stations. The project, slated for completion within 36 months, is expected to enhance regional connectivity and improve passenger flow in the burgeoning Noida urban belt. L&T’s diversified operations in EPC, high‑tech manufacturing, and a range of products and services saw quarterly revenue climb 16 % year‑on‑year to ₹78,750 crore in Q2 FY2026‑27, up from ₹67,984 crore a year earlier. New order bookings for the quarter ended 30 September 2026 rose 28 % to ₹1,47,665 crore, driven by large contracts in hydrocarbon offshore/onshore, carbon‑light solutions, public spaces, airport projects, and power transmission and distribution. International orders made up 63 % of the total new business, valued at ₹92,375 crore. Chairman and Managing Director S.N. Subrahmanyan highlighted the firm’s solid performance despite a volatile geopolitical environment, emphasizing that the historic quarterly order inflow and an ₹8.5 lakh crore order book provide clear visibility for future revenue streams. He reiterated L&T’s focus on innovation, digital capability enhancement, and technology‑driven sectors to maintain growth momentum and deliver long‑term stakeholder value.