Larsen & Toubro Q1 Net Profit Rises 14% to Rs 41.23 Billion

Strong Revenue and Order Inflows Highlight Quarterly Growth

MUMBAI, India — Indian engineering and infrastructure giant Larsen & Toubro Limited (NSE: LT, BSE: 500510) announced its financial results for the first quarter ended June 30, 2026, reporting a 14 percent year-on-year increase in consolidated net profit.

The company recorded consolidated revenue from operations of Rs 679.42 billion (Rs 67,942 crore) during the April–June quarter, representing a 6.7 percent growth compared to the Rs 636.79 billion generated in the corresponding period of the previous fiscal year. Consolidated profit after tax (PAT) attributable to owners reached Rs 41.23 billion (Rs 4,123 crore), up from Rs 36.17 billion recorded a year earlier.

Alongside the earnings release, L&T's board of directors formally approved a scheme of arrangement to merge its wholly owned subsidiary, L&T Power Development Limited, directly into the parent company. The corporate restructuring is designed to simplify group holding structures, reduce administrative overheads, and integrate power asset management under a single corporate umbrella.

Order Inflow Crosses Rs 1 Trillion Mark Driven by Infrastructure and Energy

During the June quarter, Larsen & Toubro secured fresh order inflows worth Rs 1.08 trillion (Rs 108,014 crore), marking a 14.4 percent expansion year-on-year. International orders accounted for Rs 607.02 billion, representing 56 percent of the total quarterly order intake.

The group's Infrastructure & Utilities segment witnessed a 121 percent surge in order inflows to Rs 443.57 billion, supported by large wins in urban housing, commercial buildings, and metal facility projects. The Energy–Green segment secured orders worth Rs 330.42 billion, driven by international ultra-mega offshore wind and clean power initiatives.

Official Sources

According to official regulatory disclosures filed with the National Stock Exchange of India (NSE) and BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results and corporate merger proposal were reviewed by the Audit Committee and approved by the Board of Directors on July 28, 2026.

The statutory filings confirm that the proposed merger of L&T Power Development Limited with the company remains subject to customary regulatory approvals from the National Company Law Tribunal (NCLT), stock exchange desks, and relevant statutory authorities.

Statement from Management

Corporate releases filed alongside the quarterly financial results outlined the operational momentum across domestic and international markets:

"According to officials, the company delivered steady revenue execution and healthy order inflows exceeding Rs 1 trillion in the first quarter. The board's approval for merging L&T Power Development Limited into the parent entity reflects an ongoing commitment to corporate simplification and operational efficiency across core energy and infrastructure verticals."

Why It Matters

The combination of robust earnings, strong order intake, and structural simplification carries direct benefits for equity markets, institutional investors, and industrial supply chains:

• Revenue Visibility: Order inflows exceeding Rs 1 trillion bolster L&T's multi-year order book, ensuring sustained revenue execution across core engineering and construction segments.

• Corporate Simplification: Merging L&T Power Development eliminates duplicate administrative structures, lowering holding costs and streamlining capital allocation.

• Clean Energy Expansion: Expanding order wins in offshore wind and green energy platforms positions L&T to capture global energy transition investments.

Key Facts at a Glance

• Consolidated Revenue: Rs 679.42 billion (Rs 67,942 crore) for the quarter, up 6.7% YoY.

• Consolidated Net PAT: Net profit reached Rs 41.23 billion (Rs 4,123 crore), an increase of 14% YoY.

• Order Book Expansion: Quarterly order inflows reached Rs 1.08 trillion, led by international wins.

• Subsidiary Merger: Board approved the merger of L&T Power Development Limited with Larsen & Toubro Limited.

Frequently Asked Questions (FAQs)

What were Larsen & Toubro's key financial figures for Q1 FY27?

Larsen & Toubro reported consolidated revenue from operations of Rs 679.42 billion and a consolidated net profit of Rs 41.23 billion for the quarter ended June 30, 2026.

What entity is Larsen & Toubro merging into the parent company?

L&T's board of directors approved the merger of its wholly owned subsidiary, L&T Power Development Limited, with the parent company Larsen & Toubro Limited.

How much order inflow did L&T generate during the June quarter?

The group secured order inflows worth Rs 1.08 trillion (Rs 108,014 crore) during Q1, with international orders comprising 56 percent of the total.


Source: National Stock Exchange of India (NSE), BSE Limited, Larsen & Toubro Investor Relations