L&T has incorporated a new wholly owned subsidiary, LTA Data Centres Pvt Ltd (LTADCPL), for establishing data centres and related technology-enabled services. According to regulatory filings, the company received the Certificate of Incorporation from the Ministry of Corporate Affairs on June 20, 2026. The subsidiary has an authorised share capital of ₹1 lakh, comprising 1,000 equity shares of ₹100 each. The entire share capital has been subscribed by Vyoma.AI Ltd, along with its nominee shareholder, with the former holding 100% stake in the new data centre firm. As per the latest disclosure filed under SEBI LODR Regulations, 2015, the formation aligns with growing demand for digital infrastructure and represents L&T's strategic expansion in technology infrastructure capabilities.
This development aligns with L&T's broader strategic expansion in technology infrastructure. As reported by The Economic Times, in a separate filing dated June 20, 2026, Vyoma.AI Limited incorporated a new wholly owned subsidiary, LTN Compute Private Limited (LTNCPL), for establishing artificial intelligence computer infrastructure and providing technology services. The formation of these subsidiaries represents L&T's entry into the growing data centre and AI infrastructure markets, with the disclosure submitted to exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
L&T's subsidiary L&T GeoStructure secured multiple significant orders worth between ₹1,000 crore and ₹2,500 crore on May 26, 2026. According to regulatory filings, this included the largest-ever piling order from JSW Utkal Steel Ltd at the 10 MTPA Integrated Steel Plant at Paradeep, Odisha. The business also secured two separate orders from the Inland Waterways Authority of India (IWAI) for engineering, procurement, and construction of ship repair facilities at Patna and Varanasi.
L&T shares closed 0.83% higher at ₹4,216.40 per unit on the National Stock Exchange on Thursday, June 25, 2026. However, the subsidiary formation was announced after market hours. The stock has gained more than 4% over the month and 1% on a year-to-date basis. The scrip hit a 52-week high of ₹4,440 per unit on February 24, 2026, while touching a year's low of ₹3,288.10 per equity share on March 23, 2026.
L&T reported a 3% year-on-year fall in consolidated net profit to ₹5,326 crore for Q4 FY26, compared to ₹5,497 crore in the same quarter of the previous fiscal year. According to regulatory filings, the company's revenue from operations stood at ₹82,762 crore, marking an 11.3% YoY increase from ₹74,392 crore in Q4 FY25. International revenues contributed ₹43,747 crore, representing 53% of total revenues. L&T maintains a total market capitalisation of ₹5.78 lakh crore as of June 25, 2026.
