L&T Reports 33 Percent Jump in Profit for Second Quarter

Financial Results

Larsen & Toubro posted a 33 percent year-on-year rise in consolidated profit after tax to 5,202 crore rupees for the quarter ending September 30, 2026. Consolidated revenue grew 16 percent to 78,750 crore rupees, driven by faster work execution across projects, products, and manufacturing units. International revenue reached 45,870 crore rupees, making up 58 percent of the total.

Order Book

The company secured new orders worth 1,47,665 crore rupees during the quarter, marking a 28 percent yearly increase. Major wins came from hydrocarbon, CarbonLite solutions, public spaces and airports, and power transmission sectors. International orders amounted to 92,375 crore rupees. The total consolidated order book reached 8,53,514 crore rupees by the end of September, up 15 percent since March.

Leadership Comments

Chairman and Managing Director S N Subrahmanyan stated that the firm delivered a solid quarter despite changing geopolitical conditions. President and Whole-time Director R Shankar Raman confirmed that the company is maintaining its guidance. Meanwhile, Deputy Managing Director Subramanian Sarma noted that recent developments in Saudi Arabia had no impact on local project sites, which continue to operate normally.

Context

Large engineering and construction firms like L&T often secure high-value contracts across global markets, providing clear visibility on future revenue. Such companies rely heavily on diverse sectoral segments like infrastructure, energy, and power transmission to sustain steady financial growth despite external global challenges.