Larsen & Toubro Ltd (L&T) reported consolidated revenue from operations of ₹714.50 billion and net profit of ₹32.15 billion for the December 2025 quarter, both below IBES estimates of ₹739.13 billion and ₹44.08 billion respectively. Despite the miss, the company highlighted strong order inflows and resilient infrastructure demand.
Larsen & Toubro Ltd, India’s engineering and construction giant, announced its consolidated financial results for the December 2025 quarter. The company posted revenue from operations of ₹714.50 billion and a net profit of ₹32.15 billion, falling short of analyst expectations pegged at ₹739.13 billion and ₹44.08 billion respectively.
Management attributed the performance to project execution challenges and cost pressures, though emphasized that order inflows remain robust across infrastructure, power, and hydrocarbon segments. L&T continues to focus on expanding its international footprint and leveraging India’s infrastructure push to sustain long-term growth.
Key Highlights:
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Revenue from Operations: ₹714.50 billion in Q3 FY26 vs. IBES estimate of ₹739.13 billion.
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Net Profit: ₹32.15 billion vs. IBES estimate of ₹44.08 billion.
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Performance Drivers: Strong order inflows but margin pressures impacted profitability.
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Strategic Focus: Expansion in infrastructure, power, and hydrocarbon projects.
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Market Context: Reflects resilience amid execution challenges and rising costs.
L&T’s Q3 results underline both the opportunities and challenges in India’s infrastructure sector, with long-term growth prospects supported by government-led capital expenditure.
Sources: Moneycontrol, Business Standard, Economic Times