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Time of India
29-07-2025
- Business
- Time of India
L&T Q1 results: Net profit jumps 30% to Rs 3,617 crore; order inflow hits record Rs 94,453 crore
L&T Q1 results: Engineering major Larsen & Toubro (L&T) reported a strong set of numbers for the June quarter of FY26, with consolidated net profit rising 30% year-on-year to Rs 3,617 crore. The bottom-line beat Street expectations, as did the company's revenue, which rose 16% YoY to Rs 63,679 crore, surpassing estimates of Rs 62,950 crore. The company's earnings before interest, taxes, depreciation and amortisation (EBITDA) stood at Rs 6,318 crore, up 13% from Rs 5,615 crore in the corresponding quarter last year. However, EBITDA margin declined slightly to 9.9% from 10.2%, according to an ET report. The revenue growth was largely driven by healthy execution in its key Projects & Manufacturing (P&M) segment. International revenues came in at Rs 32,994 crore, accounting for 52% of the total topline. L&T's order inflow for the quarter ended June 30 stood at a record Rs 94,453 crore, reflecting a 33% year-on-year rise aided by strong momentum across business verticals. The orders spanned thermal BTG, renewables, power transmission and distribution, hydel, non-ferrous metals, hydrocarbons (offshore and onshore), and real estate projects in the commercial and residential space. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Ranked: The 25 Best Cities To Live In The World Learn More Undo Of the total new orders, international business contributed Rs 48,675 crore, also comprising 52% of the order inflow. The consolidated order book stood at Rs 6,12,761 crore as of June 30, 2025, up 6% from March-end. International orders formed 46% of the backlog. Commenting on the quarterly performance, Chairman & Managing Director S N Subrahmanyan said, 'At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher.' 'The projects and manufacturing businesses of the company continue to perform well. The record order book of Rs 6 lakh crore+ is a testimony of our proven expertise in the domains of engineering, construction, manufacturing, and project management,' he added. Subrahmanyan also pointed to L&T's investments in emerging segments. 'Company's new-age businesses like Semiconductor, Data Centers, Green Energy and Digital Platforms have been successfully incubated in the current strategic plan and we expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology-driven sectors and to stay future ready,' he said. Stay informed with the latest business news, updates on bank holidays and public holidays . Discover stories of India's leading eco-innovators at Ecopreneur Honours 2025
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Business Standard
29-07-2025
- Business
- Business Standard
L&T Q1 FY26 results: Profit grows 30% to ₹3,617 cr, surpasses estimates
Engineering and construction conglomerate Larsen & Toubro's (L&T's) profit (attributable to owners of the company) for the first quarter (Q1) of 2025-26 (FY26) grew by 29.8 per cent year-on-year (Y-o-Y) to ₹3,617.2 crore, amid higher revenues. L&T's revenue from operations for Q1FY26 increased by 15.5 per cent Y-o-Y to ₹63,678.92 crore, amid healthy execution witnessed in its key projects and manufacturing portfolio. The profit beat the Bloomberg analysts' poll estimate of ₹3,400.5 crore. The revenue also topped the analysts' estimate of ₹62,831.9 crore. L&T's other income during the quarter went up by 47 per cent to ₹1,357 crore on a Y-o-Y basis. 'Fifteen per cent revenue growth and a 30 per cent profit after tax growth augur well for the profitable execution of the various business contracts that the company has entered into,' said R Shankar Raman, whole-time director and chief financial officer, L&T. The company's total expenses during the quarter grew by 15.2 per cent to ₹59,176.17 crore. S N Subrahmanyan, chairperson and managing director, L&T, said, 'This quarter we have performed well across all financial parameters. Besides improved performance on all profit-and-loss parameters, the return ratios have also moved higher. The projects and manufacturing businesses of the company continue to perform well.' L&T's consolidated order book stood at ₹6.12 trillion as of June 30, 2025, up 25 per cent Y-o-Y. The share of international orders remained at around 46 per cent. The company received new orders worth ₹94,453 crore during the quarter, up 33 per cent Y-o-Y, the highest ever in a Q1. International orders stood at ₹48,675 crore, accounting for 52 per cent of the total order inflow. The company's earnings before interest, tax, depreciation, and amortisation (Ebitda) for the quarter under review stood at ₹6,318 crore, up 12.52 per cent Y-o-Y. Meanwhile, its Ebitda margin stood at 9.9 per cent, compared to the margin of 10.2 per cent in Q1 of 2024-25. The company's gross debt-to-equity ratio stood at 1.13x as of June 30, 2025, against the ratio of 1.12x as of June 30, 2024. Referring to geopolitical tensions, tariff-related events, and technology disruptions, Raman said, 'To navigate through these headwinds and stay the course has been an exciting challenge for all of us in the company, and we are extremely pleased that we ended on the right side of the line.' Global economic activity is expected to remain subdued with uneven momentum. Regional growth patterns have become more fragmented, as geopolitical and policy uncertainties reshape the economic outlook, L&T noted. 'Given the prevailing economic environment, the company remains focused on sustained execution of its large order book, scaling up the new businesses, and capitalising on the emerging opportunities,' the company added. Sequentially, the company's revenue dipped by 14.4 per cent, while its profit declined by 34.2 per cent. L&T's shares listed on the BSE closed at ₹3,495.10 per equity share on Tuesday (29 July).
News18
29-07-2025
- Business
- News18
L&T posts 30 pc rise in profit to Rs 3,617 cr in Q1
Agency: New Delhi, Jul 29 (PTI) Infrastructure major Larsen & Toubro (L&T) on Tuesday reported a 29.8 per cent rise in consolidated net profit at Rs 3,617.19 crore for the June quarter on the back of higher revenue from operations. The company had posted consolidated net profit of Rs 2,785.72 crore in the year-ago period, L&T said in a filing to the BSE. The consolidated revenue from operations in the April-June period increased to Rs 63,678.92 crore over Rs 55,119.82 crore in the year-ago period, the filing said. The company achieved 'consolidated revenues of Rs 63,679 crore for the quarter ended June 30, 2025, registering a Y-o-Y (year-on-year) growth of 16 per cent with healthy execution witnessed in its key projects and manufacturing portfolio". 'This quarter we have performed well across all financial parameters. At a group level, we registered once again, the highest order inflow for Q1 ever," the company's Chairman and Managing Director S N Subrahmanyan said. The consolidated order book of the group as on June 30 was at Rs 612,761 crore. 'This being a terminal year of our Lakshya'26 five-year plan, I am pleased to say that so far, our journey in the last four years has been good and we are on track to achieve/surpass the specified targets across all financial parameters," he explained. Further, the company's new-age businesses like semiconductor, data centres, green energy and digital platforms have been successfully incubated in the current strategic plan and L&T expects these businesses to contribute meaningfully over the next five years. 'Besides enabling portfolio-level diversification, these businesses reinforce our presence in technology driven sectors and to stay future ready." Larsen & Toubro is a USD 30-billion Indian multinational engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services, operating across multiple geographies. PTI SID TRB (This story has not been edited by News18 staff and is published from a syndicated news agency feed - PTI) view comments First Published: Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Business Standard
29-07-2025
- Business
- Business Standard
L&T Q1 results: Profit rises 30% to ₹3,617 crore on strong revenue
Infrastructure major Larsen & Toubro (L&T) on Tuesday reported a 29.8 per cent rise in consolidated net profit at ₹3,617.19 crore for the June quarter on the back of higher revenue from operations. The company had posted consolidated net profit of ₹2,785.72 crore in the year-ago period, L&T said in a filing to the BSE. The consolidated revenue from operations in the April-June period increased to ₹63,678.92 crore over ₹55,119.82 crore in the year-ago period, the filing said. The company achieved "consolidated revenues of ₹63,679 crore for the quarter ended June 30, 2025, registering a Y-o-Y (year-on-year) growth of 16 per cent with healthy execution witnessed in its key projects and manufacturing portfolio". "This quarter we have performed well across all financial parameters. At a group level, we registered once again, the highest order inflow for Q1 ever," the company's Chairman and Managing Director S N Subrahmanyan said. The consolidated order book of the group as on June 30 was at₹ 612,761 crore. "This being a terminal year of our Lakshya'26 five-year plan, I am pleased to say that so far, our journey in the last four years has been good and we are on track to achieve/surpass the specified targets across all financial parameters," he explained. Further, the company's new-age businesses like semiconductor, data centres, green energy and digital platforms have been successfully incubated in the current strategic plan and L&T expects these businesses to contribute meaningfully over the next five years. "Besides enabling portfolio-level diversification, these businesses reinforce our presence in technology driven sectors and to stay future ready." Larsen & Toubro is a $30-billion Indian multinational engaged in engineering, procurement and construction (EPC) projects, hi-tech manufacturing and services, operating across multiple geographies. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
India.com
27-07-2025
- Business
- India.com
Jackpot for THIS Indian company, begs MASSIVE construction contract in Oman, secures a repeat order from…, name of the company is…
New Delhi: In a major development, the Buildings & Factories (B&F) business vertical of Larsen & Toubro has secured massive orders in India and Oman. According to the reports, the B&F division of L&T Oman has secured a repeat order from a prestigious client for the construction of a premium office space in Muscat. Reports further add that the project involves constructing three identical towers, each with G+8 floors, built atop a shared two-level basement, and featuring a centrally located landscaped plaza. L&T has also secured an order from a reputed developer to construct residential towers in Mumbai, Maharashtra. This project comprises construction of RCC shell and core structures for two luxury towers in 1B+1G+5P+59 floors configuration, reaching up to 200 metres height. Here are some of the key details: The project encompasses the construction of three identical towers of G+8 floors, to be built above a shared two-level basement, along with a central landscaped plaza. The scope includes civil, architectural jobs, MEP, internal finishes for common areas, hardscaping and landscaping. The business has secured orders from the Andhra Pradesh Capital Region Development Authority. Construction of the Integrated Andhra Pradesh State Secretariat & HoD Offices (Towers 3 & 4) on design and construction basis. The project scope involves construction of two towers on basement + ground + 39 floors configuration including an amenities-building Construction of 21 residential towers, with the scope encompassing construction of RCC shell and core The towers will be constructed with architectural finishes, electrical, plumbing and sanitary fixtures, firefighting provisions, lifts, DG sets, HVAC systems, building security systems, internal roads, hardscaping and landscaping. Subrahmanyan sees remuneration jumps of 50 percent Chairman and Managing Director of Larsen & Toubro (L&T), S N Subrahmanyan, got a remuneration hike of nearly 50 percent in the financial year 2024–25. According to the company's latest annual report, Subrahmanyan received a total compensation of Rs 76.25 crore in FY25, up from Rs 51.05 crore in FY24. S N Subrahmanyan witnessed the salary hike after employee stock options (ESOPs) exercised during the year, valued at Rs 15.88 crore. Notably, no ESOPs were exercised by him in the previous financial year. Whole-time Director and Chief Financial Officer R Shankar Raman earned Rs 37.33 crore in FY25. Deputy Managing Director and President Subramanian Sarma received Rs 44.55 crore for the same period. All you need to know Larsen and Toubro Larsen & Toubro operates in over 50 countries across the globe. The company is currently engaged in EPC Projects, Hi-Tech Manufacturing and Services. L&T was the first company in India in the engineering and construction space to publicly disclose its sustainability performance. L&T was founded in 1946 by two Danish engineers, Henning Holck-Larsen and Soren Kristian Toubro L&T has been involved in the production of a range of hardware for every project of Indian Space Research Organisation (ISRO), including the Chandrayaan, Gaganyaan, and Mars Orbiter missions.
