Larsen & Toubro (L&T) Q1 results: Net profit rises 30% YoY to ₹3,617 crore; revenue advances 15%

Larsen & Toubro, the country's largest infrastructure developer, on Tuesday, July 29, reported net profit of ₹3,617 crore in the first quarter of current financial year (Q1FY26) marking an increase of 30% from ₹2,786 crore in the same period last year.

The Mumbai-based company's revenue from operations advanced 15% to ₹63,679 crore in Q1 from ₹55,120 crore in the year-ago period.

Larsen & Toubro reported stable operational performance as its earnings before interest, taxes, depreciation and amortisation (EBITDA) also known as operating profit jumped 12.5% to ₹6,318 crore from ₹5,615 crore in the corresponding period last year.

Its operating profit margin, however, slipped 30 basis points to 9.92% from 10.2% in the year-ago period.

In the first quarter of current financial year Larsen & Toubro received orders worth ₹94,453 crore at the group level.

"During the quarter, orders were received across multiple businesses like Thermal BTG, Renewables, Power Transmission & Distribution, Hydel, Non-Ferrous Metals, Offshore & Onshore businesses of Hydrocarbon, Commercial and Residential projects. International orders stood at ₹ 48,675 crore, accounting for 52% of the total order inflow," the Mumbai-based company said in a regulatory filing.

The consolidated order book of the group as on June 30, 2025, was at ₹612,761 crore, a growth of 6% over Mar’25. The share of international orders is 46%, L&T said.

International revenues during the quarter were at ₹32,994 crore which constituted 52% of the total revenues, the company added.

“This quarter we have performed well across all financial parameters. At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher. The projects and manufacturing businesses of the Company continues to perform well. The record order book of ₹ 6 lakh crore+ is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management," said SN Subrahmanyan, Chairman and Managing Director of L&T.

The infrastructure projects segment secured order inflow of ₹ 41,024 crorein the first quarter registering growth of 2% over the corresponding quarter of the previous year.

Given the prevailing economic environment, the Company remains focused on sustained execution of its large order book, scaling up the new businesses and capitalize on the emerging opportunities. The Company continues to pursue its stated objective of delivering profitable growth through its diverse business portfolio and multi geography presence, L&T added.

L&T shares ended 1.92% higher at ₹3,488 on the National Stock Exchange ahead of its earnings announcement.