Larsen & Toubro Q1 FY27 Profit Rises 14% to ₹4,123 Crore as Order Book Nears ₹7.8 Lakh Crore

Larsen & Toubro (L&T) has started the financial year on a strong note, reporting a 14% year-on-year increase in consolidated profit after tax (PAT) to ₹4,123 crore for the quarter ended June 30, 2026. The engineering and construction major also recorded healthy revenue growth and a significant rise in order inflows, reflecting continued demand across infrastructure, buildings, energy and industrial projects.

The company posted consolidated revenue of ₹67,942 crore during the first quarter, marking a 7% increase compared to the same period last year. International operations remained a major contributor, generating ₹34,393 crore and accounting for 51% of the company’s total revenue during the quarter.

L&T secured fresh orders worth ₹1,08,014 crore in Q1 FY27, representing a 14% year-on-year increase. More than half of these new orders, valued at ₹60,702 crore, came from international markets. The company received major contracts across residential and commercial buildings, transportation infrastructure, ferrous metals, offshore wind and heavy engineering businesses, highlighting the diversity of its project portfolio.

As of June 30, 2026, L&T’s consolidated order book stood at ₹7,78,954 crore, registering a 5% growth over March 2026. International projects now account for 52% of the total order backlog, providing strong revenue visibility over the coming years.

Chairman and Managing Director S. N. Subrahmanyan said the company had maintained growth momentum despite geopolitical uncertainties by balancing its business across sectors and geographies while maintaining healthy cash flows. He added that L&T’s diversified portfolio has helped deliver resilient financial performance even amid global economic challenges.

The company also completed the sale of Nabha Power Limited during the quarter as part of its strategy to exit concession businesses. In addition, it signed a share purchase agreement with Hyderabad Metro Rail Limited to divest its entire stake in the Hyderabad Metro special purpose vehicle.

Despite supply chain disruptions caused by tensions in West Asia, L&T has retained its growth guidance for FY27. The company believes India’s strong economic fundamentals, healthy domestic demand and sustained public infrastructure investment will continue to support growth, although higher energy prices and prolonged global uncertainties remain key risks for the construction and engineering sector.