L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company’s revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950 crore.The company’s earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 6,318 crore, up 13% from Rs 5,615 crore in the corresponding quarter last year. However, EBITDA margin declined slightly to 9.9% from 10.2%, according to an ET report.The revenue growth was largely driven by healthy execution in its key Projects & Manufacturing (P&M) segment. International revenues came in at Rs 32,994 crore, accounting for 52% of the total topline.L&T’s order inflow for the quarter ended June 30 stood at a record Rs 94,453 crore, reflecting a 33% year-on-year rise aided by strong momentum across business verticals. The orders spanned thermal BTG, renewables, power transmission and distribution, hydel, non-ferrous metals, hydrocarbons (offshore and onshore), and real estate projects in the commercial and residential space.Of the total new orders, international business contributed Rs 48,675 crore, also comprising 52% of the order inflow. The consolidated order book stood at Rs 6,12,761 crore as of June 30, 2025, up 6% from March-end. International orders formed 46% of the backlog.Commenting on the quarterly performance, Chairman & Managing Director S N Subrahmanyan said, “At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher.”“The projects and manufacturing businesses of the company continue to perform well. The record order book of Rs 6 lakh crore+ is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management,” he added.Subrahmanyan also pointed to L&T’s investments in emerging segments. “Company’s new-age businesses like Semiconductor, Data Centers, Green Energy and Digital Platforms have been successfully incubated in the current strategic plan and we expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology-driven sectors and to stay future ready,” he said.
