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EBITDA increased 0.57% year on year to Rs 6,845 crore from Rs 6,806 crore. However, the EBITDA margin declined to 8.7% from 10% a year earlier.
Profit before tax rose 20.60% year on year to Rs 7,641.06 crore from Rs 6,336.11 crore.
Total operational expenses increased 18% year on year to Rs 71,905 crore. Finance costs fell 37.99% to Rs 473 crore, while depreciation and amortisation expense declined 5.04% to Rs 1,037 crore.
The company secured orders worth Rs 1,47,665 crore during the quarter, up 28% year on year. International orders accounted for Rs 92,375 crore, or 63% of total order inflows. Its consolidated order book stood at Rs 8,53,514 crore as of 30 September 2026, up 15% from March 2026, with international orders accounting for 54%.
Larsen & Toubro chairman and managing director S N Subrahmanyan said strong execution across the Projects, Products and Manufacturing businesses supported revenue growth and record quarterly order inflows. He noted that the company's record order book of Rs 8.5 lakh crore provides multi-year revenue visibility. He added that L&T would continue investing in innovation, digital capabilities and technology-led businesses to sustain growth and create long-term value.
Larsen & Toubro said India's economy maintained strong growth momentum in the first half of FY27, supported by domestic demand, capital expenditure and services activity. However, inflationary pressures, geopolitical conflicts, trade uncertainties and elevated energy prices remain key risks. The company noted that the RBI expects India's GDP to grow 7.1% in FY27. L&T said it would continue to focus on operational excellence, technology adoption, productivity and competitiveness to support sustainable long-term growth.
Larsen & Toubro is an Indian multinational operating across engineering, procurement and construction (EPC), high-tech manufacturing, products and services. The company focuses on technology, artificial intelligence, customer-centric solutions and quality across its businesses.
The Public Spaces, Airports & Health (PAH) business vertical of Larsen & Toubro has secured two important orders in India recently. According to the company's project classification, the orders are valued in the range of Rs 2,500 crore to Rs 5,000 crore.
Awarded by the Central Public Works Department, the first order pertains to the construction of Government of India's Common Central Secretariat buildings 4 and 5 along Kartavya Path in New Delhi.
To be implemented on an engineering, procurement and construction basis, the project comprises two buildings with a configuration of basement + ground + 7 floors and having a total built-up area of 32.8 lakh sq. ft. L&T's scope encompasses structural, architectural, MEP and external development works. The project is scheduled for completion in 24 months, followed by a five-year operation and maintenance period.
The second order, awarded by the Government of Andhra Pradesh, pertains to the construction of two office towers on either side of the Amaravati Quantum Computing Centre at Amaravati.
The two proposed towers are configured as basement + ground + 47 floors and together cover a built-up area of 37.5 lakh sq. ft. A design & build order, L&T's scope includes shell and core works, with the project scheduled for completion in 30 months.
L&T's PAH business vertical has built an impressive track record of delivering modern and customised public spaces across India and overseas. These latest orders further reinforce the confidence that government agencies place in L&T's ability to undertake demanding projects and deliver them to the highest standards.
Following the notice, L&T has started initial engineering, detailed design, planning, procurement preparation and other pre-construction activities. The full Notice to Proceed is expected after the consortium fulfils the agreed contractual conditions. Construction at the site will begin after the full notice is issued.
The passenger terminal and associated landside facilities are designed to handle approximately 17 million passengers annually. L&T's scope includes site grading, road infrastructure, structural works, architectural finishes, mechanical, electrical and plumbing (MEP) services, utilities and the installation of advanced airport systems.
The New Tashkent International Airport is planned as a major aviation gateway in Central Asia, supporting passenger, cargo and logistics traffic. The development forms part of Uzbekistan's long-term transport infrastructure strategy.
L&T classified the order as an ultra-mega project. Under the company's order classification, this category covers contracts valued at more than Rs 15,000 crore. However, the company did not disclose the specific value of this contract in the announcement.
Sthaladipti Saha, senior vice president and head of Buildings Infrastructure at L&T, said the project would strengthen the company's global infrastructure EPC portfolio and support regional connectivity.
Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, products and services, operating across diverse domains and multiple geographies. The company had reported a 14% rise in consolidated net profit to Rs 4,123 crore on a 7% increase in consolidated revenues to Rs 67,942 crore in Q1 FY27 over Q1 FY26.
The Public Spaces, Airports & Health (PAH) business vertical of Larsen & Toubro has secured a Limited Notice to Proceed (LNTP) from the PPP consortium developing the New Tashkent International Airport in Uzbekistan. According to the company's order classification, the project is an ultra mega project valued over Rs 15,000 crore.
The LNTP has been issued following the execution of an engineering, procurement & construction (EPC) contract, awarded to L&T earlier, for the construction of the passenger terminal and associated landside infrastructure of the greenfield airport.
Pursuant to the LNTP, L&T has commenced initial engineering, detailed design, planning, procurement preparation and other related pre-construction activities for the project. The Notice to Proceed (NTP) for the full project scope is expected to be issued by the consortium upon fulfilment of the agreed contractual conditions precedent, and following that construction activities at the site will commence.
The passenger terminal and associated landside facilities, to be undertaken by L&T, are to cater to approximately 17 million passengers annually. L&T's scope of work includes site grading, road infrastructure, structural works, architectural finishes, MEP services, utilities and installation of advanced airport systems.
The New Tashkent International Airport is a landmark greenfield development envisaged to transform Uzbekistan into a major aviation hub connecting East and West, and North and South. This airport forms a key pillar of Uzbekistan's long-term transport infrastructure strategy and is planned to become one of Central Asia's largest aviation gateways for passenger, cargo and logistics traffic.
L&T Energy CarbonLite Solutions has secured a Limited Notice to Proceed (LNTP) from DVC CIL Power (DVCCIL), a joint venture of Damodar Valley Corporation and Coal India, for the main plant package of the 2x800 MW Chandrapura thermal power plant in Jharkhand. According to the company's project classification, the value of the project ranges between Rs 5,000 crore to Rs 10,000 crore.
DVCCIL will issue the Notice to Proceed once the project secures requisite environmental clearances and the LNTP period is completed.
The project comprises two state-of-the-art 800 MW ultra-supercritical power generating units. L&T's scope includes the design, engineering, manufacturing, supply, erection, testing and commissioning of Boilers, Steam Turbines, Generators and Electrostatic Precipitators (ESPs), along with associated mechanical, electrical, control & instrumentation and civil works. The deployment of ultra-supercritical technology will enable higher thermal efficiency and lower specific emissions, thereby supporting reliable and efficient power generation.
With an installed capacity of 1,600 MW, the Chandrapura project will make a significant contribution to India's growing electricity-generation capacity and help meet the increasing power requirements arising from industrial expansion and economic development.
The Power Transmission & Distribution (PT&D) business vertical of Larsen & Tourbo has secured multiple EPC orders in India and abroad, for strengthening power transmission infrastructure and enabling renewable energy evacuation. According to the company's project classification, the value of the order ranges between Rs 10,000 crore to Rs 15,000 crore.
In Saudi Arabia, PT&D has won orders in the 380 kV transmission and substation segments. The projects will support transmission capacity augmentation and renewable energy evacuation, thereby strengthening Saudi Arabia's power transmission network and facilitating integration of renewable energy into the grid.
In the United Arab Emirates, the business has won an order for constructing 132/11 kV substations and associated cabling works. Then, in the domestic market in India, it has secured an order from a leading private sector developer for setting up a transmission system – comprising transmission lines and substations – in Visakhapatnam.