As per L&T’s internal classification, the contract falls under the ‘significant’ category, with an estimated value in the range of Rs 1,000 crore to Rs 2,500 crore.

The order covers Phase-2 of the Greenfield Radial Road, involving construction of a 22.3 km, 3+3 lane access-controlled radial road in Ranga Reddy district. L&T’s scope includes a 3.6 km viaduct, minor bridges, underpasses, culverts, service roads on both sides, retention structures, storm water drainage, footpaths, cycle tracks, and landscaping.

This is the first of several planned radial roads linking Hyderabad’s Outer Ring Road to the upcoming regional ring road. The project aims to enhance regional connectivity and support development by improving access to IT hubs, Electronic City, the Young India Skills University, and Bharat Future City.

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 rose 0.01% to currently trade at Rs 4,045.35 on the BSE.