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Home / Business and Economy / L&T Boosts Data Center Capacity, Ventures into Semiconductors

L&T Boosts Data Center Capacity, Ventures into Semiconductors

8 Feb

•

Summary

  • L&T aims for 32 MW data center capacity by fiscal year-end.
  • Company invests Rs 1,000 crore in data center expansion.
  • L&T focuses on design-led chips and indigenous electrolyzers.
L&T Boosts Data Center Capacity, Ventures into Semiconductors

Larsen and Toubro (L&T) is set to dramatically increase its data center infrastructure, planning to commission an additional 18 MW by the close of the current fiscal year. This will bring their total operational data center capacity to 32 MW, supported by a capital expenditure of approximately Rs 1,000 crore.

In parallel, L&T is making strategic moves in the semiconductor industry, focusing on the development of design-led chips. The company is actively engaging with various customers in this segment, with expenditures largely managed through the profit and loss account.

The company is also advancing its capabilities in the electrolyzer business. L&T has successfully developed a fully indigenous 4 MW stack and is currently working on enhancing it to an 8-10 MW capacity, with expectations of securing significant orders in the near future.

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Despite these expansions, L&T reported a consolidated profit after tax of Rs 3,215 crore for the December quarter, a decrease from the previous year. This decline was primarily due to a one-time provision of Rs 1,191 crore for employee benefits linked to new labor code implementations.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.
Larsen and Toubro aims to have 32 MW of operational data center capacity by the end of the current fiscal year.
The total capital expenditure for L&T's data center expansion is approximately Rs 1,000 crore.
L&T is focusing on design-led semiconductor chips and developing indigenous electrolyzer stacks, with plans to upgrade a 4 MW stack to 8-10 MW.

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