Kenya has awarded a USD 2.9 billion contract to China Communications Construction Co (CCCC) for the expansion and modernisation of Nairobi's Jomo Kenyatta International Airport (JKIA), reviving a major infrastructure project nearly two years after a proposed agreement with the Adani Group was cancelled. The project, which forms part of a long-term airport development strategy extending to 2045, will include upgrades to runways, passenger terminals, aircraft parking areas, access roads and support infrastructure. The contract value is significantly higher than the approximately USD 2 billion airport concession previously proposed by Adani. The development follows Kenya's decision to adopt a new procurement and financing framework after political opposition and legal challenges led to the termination of the earlier proposal in 2024. To read more click on the link below:propnewstime.com/latestnewss… For more insights on the real estate sector download the PNT mobile application or visit the website: propnewstime.com/ #Kenya #JKIA #InfrastructureDevelopment #AirportExpansion #GlobalProjects

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L AND T DELIVERS STEADY Q4 MOMENTUM 1 Revenue Climbs 11 Percent Despite High Base Pressure Larsen and Toubro reported an 11 percent year on year rise in consolidated revenue for the March quarter reaching ₹82,762 crore, reflecting steady execution across core businesses. While reported net profit declined 3 percent to ₹5,326 crore due to an exceptional gain recorded in the previous year, recurring profit after tax increased 5 percent to ₹5,289 crore, underlining operational consistency. Management highlighted that some projects witnessed deferred progress due to external factors but emphasized that these revenues are deferred and not denied, preserving long term earnings visibility. Total expenses rose around 12 percent year on year to ₹76,000 crore marking one of the fastest annual cost increases in recent quarters. Despite cost pressures, execution strength across engineering and construction helped maintain stability. The performance reinforces the company’s resilience in navigating macro uncertainties while continuing to deliver predictable revenue growth. 2 Record Order Inflows Strengthen Future Visibility FY26 proved to be a landmark year for L and T as its engineering and construction segment posted a 12 percent revenue increase to ₹2.86 lakh crore. Recurring profit after tax surged 18 percent to ₹17,238 crore demonstrating operational efficiency and disciplined project management. The company closed the year with record order inflows of ₹4.36 lakh crore, up 22 percent year on year, driven by strong traction in infrastructure energy and hydrocarbons. International orders dominated the mix accounting for 58 percent of annual inflows, while in the March quarter alone overseas orders contributed 67 percent of total inflows. The consolidated order book reached an all time high of ₹7.4 lakh crore as of March end marking a 28 percent increase over the previous year and providing strong multi year revenue visibility. Management has recommended a final dividend of ₹38 per equity share reflecting confidence in cash flow generation and balance sheet strength. 3 FY27 Outlook Signals Stable Margins And Growth Pipeline Looking ahead management has guided for revenue growth of 10 to 12 percent in FY27 with margins expected to remain stable around 8.3 percent. Order inflows are projected to rise another 10 to 12 percent supported by a prospective project pipeline valued at ₹17 to 18 lakh crore. Of this infrastructure opportunities alone account for ₹9 lakh crore signaling sustained demand in core sectors. The infrastructure projects business reported 15 percent growth in annual order inflows backed by wins in renewables transmission and heavy civil infrastructure. The energy projects segment emerged as a standout performer with order inflows surging 56 percent driven by strong demand in hydrocarbons and low carbon solutions. The company also executed marquee projects including the Navi Mumbai International Airport Phase one and major hydrocarbon developments in West Asia. Continued expansion in digital capabilities semiconductor initiatives and data centre capacity further strengthens its diversified growth platform. Follow for more updates x.com/@anandnst Conclusion L And T Builds Strong Order Book And Execution Momentum For Sustainable Long Term Growth #LarsenAndToubro #LandT #InfrastructureIndia #EngineeringSector #FY26Results #Q4Results #OrderBook #RevenueGrowth #IndianStockMarket #ConstructionIndustry #EnergyProjects #Hydrocarbon #RenewableEnergy #GlobalProjects #InternationalOrders #DividendAnnouncement #StockMarketIndia #CorporateEarnings #BusinessNews #GrowthStory #InvestingIndia #EquityInvesting #LongTermInvesting #WealthCreation #DalalStreet #NSE #BSE #MarketUpdates #FinancialPerformance #IndustrialGrowth #InfrastructureProjects #MakeInIndia #CapitalGoods #ProjectExecution #EconomicGrowth #IndiaGrowth #OrderInflows #FutureOutlook #StockAnalysis #FundamentalAnalysis #InvestmentIdeas #PortfolioBuilding #MarketInsights #BusinessExpansion #CoreOperations #SustainableGrowth #MegaProjects #DigitalTransformation #Semiconductor

Baladna advances its Algeria dairy project with agreements exceeding $635M, alongside a major 109-flight airlift transporting 30,000 cows to support production and food security. 🐄✈️ #DairyIndustry #FoodSecurity #Agriculture #QatarBusiness #GlobalProjects

A world-first achievement! 🌍 China Railway Construction Heavy Industry Corporation successfully lifted and transported a tunnel boring machine across a bridge in Italy — a major technical breakthrough under complex conditions. From “Made in China” to “Smart Manufacturing,” this is innovation going global. #MadeInChina #Engineering #Innovation #GlobalProjects #Infrastructure

We thank @shipmin_india and @Deendayal_Port (DPA) for recognising the successful dispatch of the first batch of 1500 m³ LNG tanks for our landmark Bahamas LNG project with Island Power Producers. With a total storage capacity of 15,000 m³ LNG, this is the largest installation of shop-built, double-walled vacuum insulated tanks globally. As part of our largest LNG order to date, INOXCVA is supplying 10 high-capacity tanks along with a regasification system to support island-based power generation at Nassau, Bahamas. This milestone reinforces India's cryogenic engineering excellence and our commitment to strengthening global energy infrastructure. #INOXCVA #LNG #MiniLNGTerminal #DeendayalPort #MakeInIndia #EnergyInfrastructure #CleanEnergy #Bahamas #GlobalProjects #CryogenicEngineering

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