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L&T Reports 16% Profit Jump Driven by Strong Project Execution
L&T’s quarterly profit increased 16% to ₹3,926 crore with 10% revenue growth, reflecting resilient infrastructure orders and operational efficiency gains across segments.
Engineering conglomerate Larsen & Toubro posted consolidated Q2 net income of ₹3,926 crore, up 16% year-on-year, supported by 10% revenue growth from sustained project execution. Infrastructure, power transmission, and manufacturing divisions delivered solid order inflows, while international contracts offset domestic moderation. Operating margins improved modestly as efficiency initiatives took hold. Management reiterated focus on diversification, digital integration, and cash-flow discipline. Analysts expect healthy backlog conversion and steady performance in the second half, underscoring L&T’s position as a bellwether for India’s capex momentum.