News

L&T Q2FY26 Results: Engineering and construction major Larsen & Toubro (L&T) delivered a steady second-quarter performance, reporting a 16 per cent rise in consolidated net profit to Rs 3,926 crore for the quarter ended September 30, 2025. The company had posted a profit of Rs 3,395 crore in the same period a year earlier.

Revenue from operations climbed to Rs 67,984 crore, marking a 10 per cent growth year-on-year, aided by broad-based execution across its infrastructure and industrial segments. On Wednesday, shares of L&T closed 0.4 per cent lower at Rs 3,957 on the NSE.

Strong order book momentum

L&T’s growth story this quarter was driven by a sharp 45 per cent increase in order inflows, which touched Rs 1,15,784 crore at the group level. The company secured large contracts across areas such as public infrastructure, data centres, commercial buildings, metro projects, hydropower, tunnels, renewables, and hydrocarbons, both in onshore and offshore segments.

International business continued to gain ground, with global orders contributing Rs 75,561 crore, or 65 per cent of the total inflow. The Middle East remained a key growth driver, supported by high capital expenditure in energy and infrastructure projects.

Management commentary

Chairman and Managing Director S. N. Subrahmanyan said the company’s results reflect its ability to execute well across multiple verticals despite macroeconomic uncertainties. “Our capacity to repeatedly win large-scale projects across geographies underscores L&T’s leadership in the EPC domain,” he noted. “With healthy capex trends in India and the Middle East, we remain optimistic about our order prospects going forward.”

Senior Sub-editor at Zee Business English

shweta.shukla@India.com

Shweta Birendra Shukla is a journalist covering the stock market and corporate aff