Engineering and infrastructure major Larsen & Toubro (L&T) has posted a 16% year-on-year (YoY) rise in consolidated net profit to ₹3,926 crore for the quarter ended September 30, 2025 (Q2FY26), compared to ₹3,395 crore in the same period last year.The company’s revenue from operations grew 10% YoY to ₹67,984 crore, up from ₹61,555 crore in the previous year’s corresponding quarter.On October 29, L&T’s shares closed 0.4% lower at ₹3,957 apiece on the stock exchange.
Strong Order Momentum
L&T recorded a 45% increase in new orders, driven by robust demand across its core businesses. The company received orders worth ₹1,15,784 crore at the group level during the quarter, supported by growth across diverse sectors such as public infrastructure, data centres, commercial buildings, metro projects, renewable energy, hydropower, transmission and distribution, and hydrocarbons.
International orders contributed ₹75,561 crore, making up 65% of the total order inflow.
For the first half of FY26, the company secured orders worth ₹2,10,237 crore, reflecting a 39% YoY growth. International business contributed ₹1,24,236 crore, or 59% of total orders.
Management Commentary
S. N. Subrahmanyan, Chairman and Managing Director, said the company delivered a well-balanced performance across all key metrics.
“Our ability to secure large and complex projects across regions demonstrates L&T’s leadership in the EPC sector. Despite local and global challenges, our diversified portfolio continues to deliver consistent results,” he said.
He added that higher capital expenditure trends in India and the Middle East are fueling optimism for future order prospects. However, extended monsoon conditions in India slightly affected revenue growth in the infrastructure segment.
Company Overview
Larsen & Toubro Ltd (L&T) is a $30-billion Indian multinational conglomerate engaged in engineering, procurement, and construction (EPC) projects, high-tech manufacturing, and services. It operates across multiple sectors and geographies, maintaining a strong presence in both domestic and international markets.
Key Highlights – L&T Q2 FY26 Results
Net Profit: ₹3,926 crore (↑16% YoY)
Revenue: ₹67,984 crore (↑10% YoY)
Order Inflow: ₹1,15,784 crore (↑45% YoY)
H1FY26 Orders: ₹2,10,237 crore (↑39% YoY)
International Orders: ₹75,561 crore in Q2 (65% of total)
Share Price: ₹3,957 (-0.4% on October 29, 2025)
