Larsen & Toubro reported its highest ever quarterly order inflow of ₹1.47 lakh crore as it delivered 33 per cent year on year growth in net profit to ₹5,202 crore in second quarter FY 2027.
In the same period last year the company had posted net profit of ₹3,926 crore.
Net profit growth in second quarter FY 27 was led by 16 per cent growth in operating revenue to ₹78,750 crore. Lower finance costs, treasury income and efficiency in working capital also contributed to gains.
Earnings before interest tax depreciation and amortisation remained largely flat at ₹6,845 crore.
“The company has delivered a strong quarter in an everchanging geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies. We achieved yet another record quarterly order inflow. Focused execution across our projects, products and manufacturing businesses supported a higher revenue growth,” L&T’s chairman and managing director S N Subrahmanyan said in a statement.
Order intake grew 28 per cent on a year on year basis to ₹1.47 lakh crore with over half of new contracts coming from hydrocarbon and offshore energy business. Nearly 75 of these energy orders came from international market.
L&T’s president and whole time director (finance) R Shankar Raman said there are project opportunities worth ₹10 lakh crore in domestic and international opportunities and the company remains optimistic about maintaining the order win run rate in second half as well.
The only sector seeing challenges in execution is water supply as projects worth ₹40,000 crore are facing funding delays from state government, Shankar Raman said.
The company remains confident of protecting it’s revenue and margins though there may be a lag due to ongoing tensions in West Asia and due to increase in freight and raw material costs.
Subramanian Sarma, company’s deputy managing director said ongoing tensions in Saudi Arabia have not not impacted any of its project sites and all its employees are safe. However he cautioned that if crisis continues it could lead to deferral of some revenue. “ We will have to wait and see,” he said.
Published on October 27, 2026
