L&T shares rally over 2% ahead of Q1 earnings; infra giant bags order worth over ₹15,000 crore; check details

The order worth over ₹1,500 crore encompasses multiple offshore packages, and the scope includes engineering, procurement, construction, and installation of offshore structures, along with the upgrade of existing facilities.

The Hydrocarbon Offshore vertical is a leading provider of engineering, procurement, construction, installation & commissioning (EPCIC) solutions in the offshore oil and gas sector.

“This ultra-mega order is a testament to the speed and precision with which the Hydrocarbon Offshore business vertical delivers complex projects across the globe, while adhering to world-class safety practices,” L&T said in a statement.

Larsen & Toubro is expected to announce its June quarter earnings later today. The firm is expected to report double-digit growth for Q1 FY26, led by better execution across segments. However, sequentially, it might see some decline on a high base in Q4 FY25.

L&T will declare the first quarter FY26 results on July 29. The firm's latest June quarter report card is expected to be announced post-market hours.

At close on Tuesday, L&T shares settled at ₹3,488 apiece on NSE, rising 1.94%.

For a one-month period, L&T shares have fallen nearly 6%, while year-to-date, they have fallen 5.8%.

The company’s market capitalisation stands at ₹4.75 lakh crore.

Larsen and Toubro had reported a 25% increase in its consolidated profit after tax (PAT) at ₹5,497.26 crore for the quarter ending March 31 of the financial year 2024-25. The company had seen a profit of ₹4,396.12 crore in the same quarter of the previous fiscal year.

Its revenue from operations for the quarter was at ₹74,392.28 crore, marking a growth of 11% from ₹67,078.68 crore reported in the fourth quarter of FY24.

For Q4 FY25, the company’s earnings before interest, taxes, depreciation, and amortisation (EBITDA) jumped 13.4% year-on-year (YoY) to ₹8,202 crore as against ₹7,234 crore in Q4 FY24. Its margin came in at 11%, in contrast to 10.8% registered in the corresponding quarter of the previous fiscal year.

The firm won orders of ₹ 356,631 crore at the group level during the year ended March 31, 2025, registering a sizable growth of 18% YoY.

The order inflow for the quarter ended March 31, 2025, stood at ₹ 89,613 crore, registering a strong growth of 24% YoY. International orders at ₹ 62,739 crore during the quarter constituted 70% of the total.

“In this economic backdrop, the company will focus on timely execution of its large order book, preservation of liquidity, and optimum use of capital and other resources while remaining cautiously optimistic on the emerging new opportunities. The company will pursue its stated objective of enhancing returns to its shareholders on a sustained basis,” L&T had said.