Larsen & Toubro's Q2 FY 2025-26 Quarterly Results

Result Summary

• Larsen & Toubro Ltd reported a 6.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 10.7%.
• Its expenses for the quarter were up by 6.5% QoQ and 10.4% YoY.
• The net profit increased 8.3% QoQ and increased 14.1% YoY.
• The earnings per share (EPS) of Larsen & Toubro Ltd stood at 28.53 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Larsen & Toubro Ltd, a prominent Indian multinational, operates primarily in the engineering, construction, manufacturing, technology, and financial services sectors. Renowned for its robust portfolio, the company is a leader in offering comprehensive solutions in infrastructure development, power, hydrocarbon, machinery, and automation. L&T's substantial presence in both domestic and international markets is supported by its ongoing commitment to innovation and sustainability. The company is often recognized for its strategic projects in sectors like transportation infrastructure, water supply, and power generation. As of the latest updates, Larsen & Toubro continues to expand its footprint through strategic acquisitions and diversification into emerging sectors such as renewable energy and digital services.

Revenue

In the second quarter of the fiscal year 2026, Larsen & Toubro Ltd reported a total income of ₹69,367.81 crores, reflecting a quarter-over-quarter increase of 6.7% from the ₹65,035.70 crores recorded in the first quarter of FY26. On a year-over-year basis, the total income rose by 10.7% compared to ₹62,655.85 crores in the second quarter of FY25. This upward trajectory in revenue underscores the company's ability to sustain growth over successive quarters and years, driven by its diverse business segments.

Profitability

The company's profit before tax in Q2FY26 was ₹6,336.11 crores, marking an 8.1% increase from the previous quarter's ₹5,859.53 crores. Year-over-year, this represented a 14.1% rise from ₹5,555.09 crores in Q2FY25. After accounting for taxes, the profit after tax stood at ₹4,678.01 crores, up by 8.3% from Q1FY26's ₹4,318.17 crores, and a 14.1% increase compared to the same quarter last year, which was ₹4,098.84 crores. These figures suggest consistent improvement in the company's profitability metrics over time.

Operating Metrics

The earnings per share (EPS) for Q2FY26 was ₹28.53, up from ₹26.29 in Q1FY26, representing an 8.5% quarter-over-quarter growth. Compared to Q2FY25, where EPS was ₹24.68, there was a year-over-year increase of 15.6%. Total expenses in Q2FY26 amounted to ₹63,031.70 crores, which was a 6.5% increase from the previous quarter and a 10.4% rise from the same period last year. The tax expense for Q2FY26 was ₹1,649.02 crores, reflecting a 7.5% increase from Q1FY26 and a 14.3% increase year-over-year. These metrics demonstrate the company's ability to manage costs effectively while enhancing shareholder value.