Larsen & Toubro reports strong Q2, H1 FY26 with robust order inflows, profit growth

Larsen & Toubro reported a strong financial performance for Q2 FY26, with Order Inflow growing by 45% year-on-year to ₹1158 bn. Revenue for the quarter increased by 10% to ₹680 bn, while Profit After Tax (PAT) rose by 16% to ₹39 bn. The Order Book also saw substantial growth, up 31% to ₹6670 bn as of September 30, 2025. Return on Equity (ROE) improved by 110 basis points year-on-year, reaching 17.2%.

For H1 FY26, Order Inflow surged by 39% to ₹2102 bn, and revenue increased by 13% to ₹1317 bn. Reported PAT for the half-year period grew by 22% to ₹75 bn. The company highlighted strategic MoUs and partnerships across renewables, green energy, defence, and semiconductor businesses, alongside an in-principle understanding for stake sale in Hyderabad Metro.

Infrastructure and Energy – Hydrocarbon businesses were key drivers of growth in domestic and international order inflows. International orders constitute 49% of the Order Book, and the company maintains a strong prospect pipeline of approximately ₹10.4 trillion for the near term.