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Larsen & Toubro (L&T) reported a 15.6% rise in consolidated net profit to INR 3,926.09 crore for the September quarter, compared with INR 3,395.29 crore a year earlier, driven by strong revenue and order growth. Revenue from operations climbed 10% to INR 67,983.53 crore, while order inflows surged 39% year-on-year to INR 2,10,237 crore, with 59% from international projects. CFO R. Shankar Raman said the firm expects to divest its Hyderabad Metro stake soon and exceed its order guidance for FY26. CMD S. N. Subrahmanyan highlighted steady execution across portfolios and robust prospects in India and the Middle East, underscoring L&T's sustained growth and global resilience.
Infrastructure major Larsen & Toubro (L&T) announced that its consolidated net profit rose by 15.6% to INR 3,926.09 crore for the September quarter, driven by higher revenue realisations. The company had posted a net profit of INR 3,395.29 crore during the corresponding quarter of the previous year. Advertisement
According to its regulatory filing, consolidated revenue from operations in the July-September period increased by 10% to INR 67,983.53 crore, compared to INR 61,554.58 crore in the same period a year earlier. L&T further disclosed that it had secured orders worth INR 2,10,237 crore during the half-year ending September 30, 2025, marking a year-on-year rise of 39%. Of this, international orders valued at INR 1,24,236 crore accounted for 59% of the total.
During a post-earnings interaction with reporters, R Shankar Raman, the company's President, Whole-Time Director and Chief Financial Officer, stated that L&T expected to complete the divestment of its Hyderabad metro stake between the current and following quarter. He explained that discussions with the government regarding the modality of the divestment were ongoing and that some time would be required to complete documentation before finalising the exit.
Raman mentioned that L&T was well-positioned to surpass its order inflow guidance for the ongoing financial year, noting that the firm had initially targeted a 10% increase. He added that current indicators pointed to stronger performance than anticipated.
In a separate statement, S N Subrahmanyan, the company's Chairman and Managing Director, observed that L&T had delivered a balanced financial performance across all key parameters. He remarked that consistent execution across its diversified portfolio underscored the company's resilience in managing both local and global challenges. Subrahmanyan added that rising capital expenditure in India and the Middle East continued to support the firm's order prospects and growth outlook.
Larsen & Toubro, a USD 30-billion Indian multinational, is engaged in engineering, procurement and construction projects, advanced manufacturing, and services across multiple global markets.
Larsen & Toubro's strong financial results for the September quarter reflected both operational efficiency and strategic order acquisitions. With international projects forming a significant portion of its order book and plans to divest its Hyderabad metro stake soon, the company remains on track to exceed its annual growth projections. Management's confidence, coupled with continued infrastructure investments in India and the Middle East, signals sustained business momentum for the remainder of the fiscal year.
Source - PTI
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