L&T Q2 FY27 results: Net profit surges 33% to ₹5,202 crore YoY; order intake increases 28%

L&T’s revenue from operations for the quarter under review was at ₹78,750 crore, marking a growth of 16% from ₹67,984 crore reported in the second quarter of FY26. 

The jump in revenue was driven by accelerated progress in the various businesses in the Projects, Products & Manufacturing (PPM) portfolio, L&T said. The firm’s international revenues during the quarter were at ₹45,870 crore, constituting 58% of the total revenue.

For Q2 FY27, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) increased 1% year-on-year (YoY) to ₹6,845 crore as against ₹6,807 crore year-on-year.

The margin for the reporting quarter contracted at 8.6% in contrast to 10.01% YoY.

“The company has delivered a strong quarter in an ever-changing geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies,” said S. N. Subrahmanyan, Chairman and Managing Director, L&T.

Order book updates

For the quarter ended September 30, L&T’s order intake increased 28% annually at ₹147,665 crore. In Q2 FY27, the company said it secured several high-value orders led by Hydrocarbon—Offshore & Onshore, CarbonLite Solutions, Public Spaces & Airports, and Power Transmission & Distribution businesses.

Its international orders stood at ₹92,375 crore, contributing 63% to the total order inflow.

The Group’s consolidated order book as of September 30, 2026, was at ₹853,514 crore, reflecting a 15% growth over Mar’26. International orders constituted 54% of the overall order book.

“We achieved yet another record quarterly order inflow. Focused execution across our Projects, Products & Manufacturing businesses supported a higher revenue growth. The highest ever order book at ₹8.5 lakh crore provides multi-year revenue visibility,” added Subrahmanyan.

A look at H1 FY27

For half a year (H1 FY27), L&T’s net profit jumped 24% to ₹9,325 crore as compared to ₹7,543 crore on a YoY basis. Its revenue from operations for H1 FY27 stood at ₹1,46,692 crore as against ₹1,31,662 crore in H1 FY26, marking a growth of 11%.

In the same period, the international revenues stood at ₹80,263 crore, contributing 55% of the L&T’s H1 total revenues.

On a half-yearly basis, orders worth ₹255,678 crore were received at the Group level. L&T registered a yearly growth of 22%, aided by a strong order inflow momentum in hydrocarbon—offshore, offshore wind, minerals & metals, and residential & commercial buildings businesses.

Further, the international orders were registered at ₹153,077 crore, accounting for 60% of the total order inflow.

On Tuesday, L&T shares closed at ₹3,665.10 apiece on the National Stock Exchange, falling 0.4%. The earnings, however, came after the market hours.  

According to NSE data, as of October 27, 2026, L&T has a total market capitalisation of ₹5.04 lakh crore.