Larsen & Toubro (L&T) posted a 5.36% rise in consolidated net profit for the quarter ending September 30, reaching ₹3,395 crore compared to ₹3,222 crore in the same period last year. Sequentially, profit rose by 18% from ₹2,785 crore in the June quarter. Total revenue from operations increased by 20.63%, reaching ₹61,554 crore in September, up from ₹51,024 crore the previous year, and 11.67% higher than the June quarter’s ₹55,119 crore.
Highlighting L&T’s momentum, MD & CEO SN Subrahmanyan stated, “Our strong quarterly performance reflects resilience despite global economic challenges. With a record order book exceeding ₹5 lakh crore, we are advancing our capabilities in engineering, construction, manufacturing, and project management. Our new investments in green energy, data centers, digital platforms, and semiconductor design align with our commitment to sustainability and digital transformation. India’s growth remains solid, driven by public and private sector investments, and the Middle East’s capital expenditure continues to show promise.”
L&T’s consolidated order book reached ₹5,10,402 crore as of September 30, marking 7% growth since March, with international orders making up 40% of the total. The quarter’s order inflow consisted of one-third from domestic sources and two-thirds from international projects, as the company expands further into Central Asia.
L&T announced a substantial order worth up to ₹10,000 crore in West Asia and Africa to enhance high-voltage electricity grids. The infrastructure division led the quarter’s growth with a 29.5% year-on-year revenue increase to ₹32,351 crore, while the energy segment’s revenue rose by 30.6% to ₹8,879 crore. However, the rubber processing segment faced challenges from the slowdown in the automotive sector.
Looking ahead, CFO R Shankar Raman shared an optimistic outlook for H2, noting, “We anticipate stronger domestic orders in H2, supported by favorable market conditions, steady investment, and easing tensions in Europe and West Asia. We’re also progressing with debt restructuring for the Hyderabad metro asset, aiming to reduce debt by monetizing land.”
Larsen & Toubro is one of India’s most respected and diverse conglomerates, with a strong global presence and expertise across engineering, construction, manufacturing, technology, and financial services.
Headquartered in Mumbai, it is renowned for its large-scale infrastructure projects, including highways, airports, metros, and smart cities, as well as its capabilities in heavy engineering and defense manufacturing.
Leveraging cutting-edge technologies and innovation, it delivers complex, high-quality projects that align with global standards, making it a preferred partner for both government and private sector initiatives. The company is also committed to sustainability, focusing on green construction practices and renewable energy solutions.
With operations spanning over 50 countries, L&T has established a reputation for reliability, technical expertise, and a commitment to nation-building, driving growth and development in critical sectors worldwide.
