×

L T posts 30 pc rise in profit to Rs 3 617 cr in Q1


     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 during the June quarter, driven by strong overseas order growth.
     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.
     "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, as per the filing.
     "Besides enabling portfolio-level diversification, these businesses reinforce our presence in technology-driven sectors and to stay future ready."
     The company received orders worth Rs 94,453 crore at the group-level during the quarter ended June 30.
     "The company registered a y-o-y growth of 33 per cent aided by a strong ordering momentum witnessed across diverse businesses," it said.
     During the quarter, orders were received across multiple businesses like renewables, power transmission and distribution, hydel, non-ferrous metals, offshore & onshore businesses of hydrocarbon, commercial and residential projects.
     International orders stood at Rs 48,675 crore, accounting for 52 per cent of the total order inflow.
     In a post-earnings media briefing, R Shankar Raman, President, Whole-Time Director and CFO of the company, said with regard to order prospects, L&T sees a robust pipeline of about Rs 15 lakh crore between now and March 31 next year.
     "Of the Rs 15 trillion (Rs 15 lakh crore) worth of opportunities, about Rs 6 trillion (Rs 6 lakh crore) will be in the domestic market and about Rs 9 trillion (Rs 9 lakh crore) will be in international market," he explained.
     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.

(This story has not been edited by THE WEEK and is auto-generated from PTI)