Construction & Engineering major Larsen & Toubro Ltd (L&T) for the first quarter ended June 30, 2026, posted a Consolidated Profit After Tax (PAT) of ₹ 4,123 crore, registering YoY growth of 14% owing to operational excellence & treasury gains, its President, Whole-time Director & Chief Financial Officer (CFO) R Shankar Raman said over a conference call.
He said operations were on in West Asia though pace of execution has slowed down due to supply chain disruptions.
The company’s order inflow from the region has also increased indicating resilience, he emphasised.
The company, during the quarter, achieved consolidated revenues of ₹ 67,942 crore, up 7% YoY, driven by progress across several businesses.
International revenues stood at ₹ 34,393 crore, contributing 51% of the Company’s total revenues. The Company secured orders worth ₹ 108,014 crore, registering a YoY growth of 14%.
“During the quarter, significant order wins were achieved across multiple businesses such as Residential & Commercial buildings, Transportation Infrastructure, Ferrous Metals, Offshore Wind and the Heavy Engineering businesses. International orders stood at ₹ 60,702 crore, contributing 56% to the total order inflow,” he said.
The Group’s consolidated order book as on June 30, 2026, was at ₹ 778,954 crore, reflecting a 5% growth over Mar’26.International orders constituted 52% of the overall order book.
S.N. Subrahmanyan, Chairman and Managing Director, said, “The financial year has commenced against the backdrop of geopolitical uncertainties. The Company has managed to maintain momentum by rotating its focus across sectors and geographies while maintaining robust cash flows.”
“The performance for the quarter reflects our portfolio resilience,” he added.
During the quarter, the Company successfully concluded the sale of Nabha Power Ltd consistent with its stated strategy of exiting the concessions portfolio.
Further, it signed the share purchase agreement with Hyderabad Metro Rail Ltd, a Government of Telangana Enterprise, to divest 100% of its stake in Hyderabad Metro SPV.
Despite the impact of the West Asia conflict the company has maintained it’s growth projections for FY27.
On the outlook the company said “The global environment is characterised by divergent monetary and fiscal policy frameworks set against a backdrop of geopolitical tension, trade realignment, AI-driven transformation, and climate-related challenges all of which are reshaping the global economy.”
“In energy markets, the resurgence of geopolitical tensions in West Asia and continued uncertainty around global trade policies remains key risks,” it added.
It said the Indian economy had navigated the prevailing global environment “with resilience, supported by strong economic fundamentals that continue to reinforce confidence in its growth prospects.”
“Domestic demand continues to remain healthy, with sustained expansion across both manufacturing and services activity. Policy measures continue to be geared towards maintaining macroeconomic stability, with a focus on sustaining capital inflows, supporting investment activity,” it said.
It said however, the adverse implications of the extended disruption in supply chains and elevated energy prices could interrupt the growth momentum.
“Inflation is expected to trend higher from its relatively benign levels, driven by higher food, energy prices, weather-related uncertainties, and currency depreciation,” it pointed out.
Published – July 29, 2026 10:22 am IST
