Larsen & Toubro (L&T) Share Price Rises Over 4%; Reports 33% Net Profit Growth in Q2 FY27

Written by: Team Angel OneUpdated on: 28 Oct 2026, 4:59 pm IST

Larsen & Toubro reports higher Q2 FY27 revenue and net profit, with consolidated profit rising 33% to ₹5,202 crore.

Larsen & Toubro (L&T) reported a 33% increase in consolidated net profit for the September quarter, with profit after tax (PAT) rising to ₹5,202 crore from ₹3,926 crore a year earlier. The results were announced in an exchange filing dated October 27, 2026.

Revenue grew 16% to ₹78,750 crore, compared with ₹67,984 crore in Q2 FY26. International business accounted for ₹45,870 crore of the quarter’s revenue, or 58% of the total.

For the first six months of FY27, revenue stood at ₹1,46,692 crore, up 11% year-on-year. Net profit for the period increased 24% to ₹9,325 crore.

Orders Received During the Quarter

L&T received orders worth ₹1,47,665 crore in Q2 FY27, against ₹1,15,784 crore in the same quarter last year. The company secured large orders in its Hydrocarbon, CarbonLite Solutions, Public Spaces & Airports, and Power Transmission & Distribution businesses.

Overseas orders contributed ₹92,375 crore to the quarterly total. For the first half of FY27, order inflows rose 22% to ₹2,55,678 crore. The company’s order book stood at ₹8,53,514 crore on September 30, 2026, of which 54% came from international markets.

Business Segment Results

The Energy-Conventional segment recorded revenue of ₹17,285 crore, up 29% from a year earlier. Its order inflows more than doubled to ₹78,413 crore.

Energy–Green revenue increased 43% to ₹11,493 crore as work progressed on solar and offshore wind projects. Infrastructure & Utilities reported revenue of ₹25,133 crore, a 6% increase.

Manufacturing & Products revenue rose 34% to ₹4,480 crore, while Technology, Platforms & Services recorded an 11% increase to ₹14,826 crore.

Operating Performance

EBITDA for the quarter was ₹6,845 crore, compared with ₹6,806 crore last year. The EBITDA margin declined to 8.7% from 10%, reflecting lower margins across the business portfolio and a change in revenue mix.

As of October 28, 2026, 10:54 am, Larsen & Toubro (L&T) share price was trading at ₹3,821.90, a 4.28% increase from the previous closing price.

Conclusion

L&T’s September-quarter results showed higher revenue and net profit, alongside increased order inflows. However, its EBITDA margin was lower than in the corresponding quarter of FY26.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Published on: Oct 28, 2026, 11:29 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More