L&T Q2 Results: Net Profit Jumps 15.6% to ₹3,926 Crore
Infrastructure giant Larsen & Toubro (L&T) reported strong quarterly performance with a 15.6% year-on-year increase in consolidated net profit, reaching ₹3,926.09 crore for the September quarter. The growth was driven by higher revenues across business segments.
Key Financial Highlights
- Net Profit: ₹3,926.09 crore (up 15.6% YoY)
- Revenue: ₹67,983.53 crore (up 10% YoY)
- Order Inflow (H1): ₹2,10,237 crore (39% growth)
- International Orders: ₹1,24,236 crore (59% of total)
The company’s consolidated revenue from operations climbed to ₹67,983.53 crore during July-September, compared to ₹61,554.58 crore in the same period last fiscal year.
Record Order Book Position
L&T secured orders worth ₹2,10,237 crore during the half-year ended September 30, 2025, registering impressive 39% year-on-year growth. International orders constituted 59% of the total order inflow at ₹1,24,236 crore.
Hyderabad Metro Divestment Timeline
Company President and Wholetime Director R Shankar Raman confirmed that L&T expects to complete the Hyderabad metro stake divestment between the current quarter and the next quarter.
“We have communicated to the exchange and to the markets that we are in detailed discussions with the government on the modality of the divestment. We do believe that there will be some time lapse between various documentation that we might have to do to exit and complete the transaction. So, I guess it will be somewhere between the current quarter and the next quarter that this transaction will be consummated,” Raman said during the post-earnings conference call.
Exceeding Guidance Expectations
The company is well-positioned to exceed its order inflow guidance for the current financial year. Raman stated, “Beginning of the year guidance was put out, and the guidance…we said 10 per cent growth in order inflow…we are well positioned to exceed the guidance that we have given.”
Management Outlook
Chairman and Managing Director S N Subrahmanyan expressed optimism about future prospects, highlighting the company’s ability to navigate global challenges.
“The consistent execution across a diverse portfolio highlights our strength in effectively navigating local/global challenges. We continue to witness higher capex spends, in both our primary geographies of India and the Middle East, and remain fairly optimistic about order prospects,” Subrahmanyan said.
Larsen & Toubro, a $30-billion Indian multinational, operates across engineering, procurement, construction projects, and hi-tech manufacturing services globally.
