L&T's Q1 net profit rises 14% to Rs 4,123 cr
Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ongoing financial year 2027
Larsen & Toubro (L&T) on Tuesday reported a consolidated net profit of Rs 4,123 crore for the April-June quarter of the ongoing financial year 2027, marking nearly 14% year-on-year (YoY) rise from the Rs 3,617 crore net profit reported in the same period last year.The engineering major’s revenue from operations meanwhile rose around 7% YoY to Rs 67,942 crore during the June quarter of FY27, from Rs 63,679 crore in the corresponding quarter of FY26.International revenue stood at Rs 34,393 crore, accounting for nearly 51% of the company’s overall revenue.L&T said it secured orders worth Rs 1.08 lakh crore during Q1, registering 14% YoY growth.
International order meanwhile stood at Rs 60,702 crore, contributing 56% to the total order inflow. The company’s consolidated order book rose 5% sequentially to Rs 7.79 lakh crore as on June 30, 2026. International order comprised 52% of the overall order book.During the quarter, L&T said that it won significant orders across multiple businesses such as residential and commercial buildings, transportation infrastructure, ferrous metals, offshore wind and the heavy engineering businesses.L&T segment-wise performanceAmong the segments, L&T’s infrastructure and utilities business secured order inflow of Rs 44,357 crore during Q1, marking over 100% YoY growth. Its conventional energy segment however saw a 90% YoY decline in orders at Rs 3,053 crore.
The company said this reflects the deferment of certain anticipated orders and the high base effect arising from an ultra-mega order secured in the CarbonLite Solutions business in the corresponding period of the previous year. Meanwhile, green energy business’ order value rose 58% YoY.L&T’s technology, platform and services segment reported a 15% rise in order value, with EBITDA margin declining slightly to 19.2%, with higher manpower cost and forex variation adversely impacting hedged portfolio positions. The manufacturing and products segment saw 74% YoY growth in order value, while those of the financial services segment and realty grew 27% and 32% respectively.What L&T management saidFY27 commenced against the backdrop of geopolitical uncertainties, said S N Subrahmanyan, Chairman and Managing Director of L&T.
He noted that the company managed to maintain momentum by rotating its focus across sectors and geographies while maintaining robust cash flows. “The performance for the quarter reflects our portfolio resilience,” he further said.“With a well-diversified portfolio spanning sectors and geographies, we remain confident of maintaining growth while capitalising on emerging opportunities. Our continued focus on disciplined execution with innovation positions us well to deliver sustainable long-term value for stakeholders,” the executive said.
The BriefWire