L&T Wins Significant Noida Metro Order Worth Up To ₹2,500 Crore For Aqua Line Extension Construction

L&T has landed a metro construction contract in Noida, with the project estimated to be worth between ₹1,000 crore and ₹2,500 crore.

The company announced the order on Monday, 9 November. The work is part of the Aqua Line Extension and includes building 15.1 km of elevated metro infrastructure and 10 stations.

L&T has been given 36 months to complete the project.

What Will The Project Cover?

L&T's Heavy Civil Infrastructure division will be responsible for a part of the design and construction work. The proposed extension has two sections. One will run from Botanical Garden to Sector-142, while the other will connect Depot Station with Boraki.

The contract goes beyond laying the elevated viaduct. L&T will also build all 10 stations along the proposed stretches, including their architectural finishes.

The new stretch will give Noida residents another metro link to travel across the city, particularly towards the areas covered by the extension. The project is also expected to serve the needs of neighbourhoods seeing increased residential and commercial activity.

L&T shares moved up 0.92% to ₹4,147.70 at 11:54 AM after the company announced the order.

How Did L&T Perform In Q2 FY27?

L&T reported a 32.5% year-on-year increase in consolidated net profit for the September quarter, according to its results announced on 27 October 2026.

Revenue from operations rose 16% year-on-year to ₹78,750 crore. However, operating performance remained relatively subdued. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased marginally by 0.6% to ₹6,845 crore, compared with ₹6,806.5 crore in the corresponding quarter last year.

The company's EBITDA margin also declined to 8.7% from 10% a year earlier.

The latest metro order adds to L&T's recent project wins. Earlier in November, its Residential, Commercial Buildings and Factories vertical secured multiple orders worth up to ₹2,500 crore for developments in Mumbai, Bengaluru and Hyderabad.

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