L&T Q2 Net Profit Rises 33% to Rs 5,202 Cr; Order Inflows Rise 28%

New Delhi: Engineering major Larsen & Toubro (L&T) on Tuesday reported a 32.5 per cent rise in consolidated net profit to Rs 5,202.10 crore for the quarter ended September 2026, driven by higher revenue.

The company had posted a consolidated net profit of Rs 3,926.09 crore in the year-ago period.

L&T achieved consolidated revenue of Rs 78,750 crore for the reporting quarter, up 16 per cent year on year, driven by accelerated progress across its businesses, the company said in a statement.

The company secured orders worth Rs 147,665 crore, registering a year-on-year growth of 28 per cent for the quarter.

During the quarter, significant order wins were achieved across multiple businesses such as hydrocarbons – offshore and onshore, carbonLite solutions, public spaces and airports, and power transmission and distribution businesses.

International orders stood at Rs 92,375 crore, contributing 63 per cent to the total order inflow.

The Group’s consolidated order book as of September 30, 2026, was at Rs 853,514 crore.

“The company has delivered a strong quarter in an everchanging geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies. We achieved yet another record quarterly order inflow. Focused execution across our projects, products & manufacturing businesses supported higher revenue growth. The highest ever order book at Rs 8.5 lakh crore provides multi-year revenue visibility,” Chairman and Managing Director S N Subrahmanyan said.

The company is well positioned to sustain this growth momentum and will continue to invest in innovation, digital capabilities, and technology-led businesses to drive growth and create long-term value for stakeholders, he said.

R Shankar Raman, company’s President and Whole-Time Director-Finance said during a media briefing that L&T sees nearly Rs 10 lakh crore worth of prospects in pipelipe.

“An assessment of the pipeline as of September 30 indicates nearly Rs 10 lakh crore worth of prospects,” he said.

He said the infrastructure and utilities segment faced execution headwinds during the reporting period due to multiple domestic and overseas disruptions, along with escalation in input costs, delays and a spike in logistics expenses, which impacted margins. However, he expressed hope that as conditions normalise, the company would be able to recover some of the lost ground going forward.

On the outlook, the company said the global economic environment remains one of guarded optimism, supported by demand for AI data centres in several major economies and fresh investments in infrastructure, energy transition, technology and industrial capacity.

It, however, flagged that the West Asia region continues to pose varied downside risks to global growth and investment activity. The company said it will leverage its capabilities and flexibility to navigate the environment successfully.

L&T added that it remains focused on operational excellence and technology adoption to improve productivity and competitiveness, and to ensure long-term sustainable growth for its stakeholders.

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