Larsen & Toubro (L&T) announced strong financial results for the first half of fiscal year 2026. Order inflow increased by 39%, revenue grew by 13%, and profit after tax (PAT) rose by 22%. The company also reached an understanding with the Government of Telangana for the divestment of its stake in L&T Metro Rail (Hyderabad) Limited, aligning with its strategy to exit public concessions. The positive performance was driven by strong order execution and a favorable business environment.
Financial Highlights for H1 FY26
Larsen & Toubro (L&T) reported robust financial results for the half-year ended September 30, 2025, showcasing significant growth across key parameters:
- Order Inflow: Up 39%
- Revenue: Up 13%
- Profit After Tax (PAT): Up 22%
These results highlight the company’s strong performance and market position.
Order Book and Revenue Growth
The company secured orders worth ₹210,237 crore, a 39% increase year-over-year. International orders constituted 59% of the total order inflow, amounting to ₹124,236 crore. Consolidated revenue for the half-year reached ₹131,662 crore, a 13% increase, with international revenues contributing ₹71,217 crore, or 54% of the total.
Segment Performance Highlights
Key segment performances for the quarter ended September 30, 2025:
- Infrastructure Projects: Order inflow of ₹52,686 crore, up 6% year-over-year.
- Energy Projects: Order inflow increased by over 100% year-over-year, valued at ₹38,156 crore.
- Hi-Tech Manufacturing: Customer revenues increased by 33% to ₹2,754 crore.
- IT & Technology Services: Customer revenues reached ₹13,274 crore, a 13% increase.
Strategic Divestment
L&T reached an in-principle understanding with the Government of Telangana for the divestment of its stake in L&T Metro Rail (Hyderabad) Limited. This move aligns with L&T’s strategy to exit public concessions under its Lakshya 2026 plan.
Outlook and Future Strategy
L&T remains optimistic about India’s economic outlook and its own ability to leverage emerging opportunities for sustainable growth, despite global economic challenges. The company is focused on streamlining operations, growing technology-led businesses, and maintaining a flexible approach to navigate the evolving business landscape.
Source: BSE