Larsen & Toubro (L&T) on Tuesday reported a 30% year-on-year growth in its Q1 consolidated net profit to Rs 3,617 crore. The company’s revenue from operation stood at Rs 63,679 crore which was up 16% on a YoY basis.

The revenue was higher than Street’s estimates of Rs 62,950 crore.

The Group’s Earnings Before Interest, Taxes, Depreciation and Amortisation (EBITDA) was reported at Rs 6,318 crore in Q1FY26, up 13% versus Rs 5,615 crore in Q1FY25. The EBITDA margin stood at 9.9% in the quarter under review versus 10.2%.

The growth in L&T’s revenue was on healthy execution witnessed in its key Projects & Manufacturing (P&M) portfolio while the international revenues during the quarter were reported at Rs 32,994 crore which constituted 52% of the total revenue.

Larsen & Toubro received orders worth Rs 94,453 crore at the Group level during the quarter ended June 30, 2025. The company registered a YoY growth of 33% aided by a strong ordering momentum witnessed across diverse businesses. During the quarter, orders were received across multiple businesses like thermal BTG, renewables, power transmission & distribution, hydel, non-ferrous metals, offshore & onshore businesses of hydrocarbon, and commercial and residential projects.

International orders stood at Rs 48,675 crore, accounting for 52% of the total order inflow while the the consolidated order book of the group as on June 30, 2025, was at Rs 612,761 crore, a growth of 6% over Mar’25. In this, the share of international orders is 46%.

Management commentary

Commenting on the results, Chairman & Managing Director S.N. Subrahmanyam said that the company performed well across all financial parameters in the reported quarter. “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 continues 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 said.

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, the CMD informed. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology driven sectors and to stay future ready,” he added.