Mumbai, India – Larsen & Toubro (L&T) announced a significant financial upturn for the second quarter of fiscal year 2027, with consolidated profit after tax (PAT) climbing 33% year-on-year to ₹5,202 crore. The engineering and construction giant also reported a 16% increase in consolidated revenue, reaching ₹78,750 crore for the quarter ending September 30, 2026.
The company attributed this robust performance to accelerated progress across its diverse Projects, Products & Manufacturing (PPM) portfolio. International operations played a crucial role, contributing ₹45,870 crore to the quarter's revenue, accounting for 58% of the group's total.
Strong Order Inflow Bolsters Future Growth
L&T's order book saw substantial expansion during the quarter, securing new orders worth ₹1,47,665 crore, marking a 28% increase from the previous year. This impressive inflow pushed the consolidated order book to ₹8,53,514 crore as of September 30, 2026, a 15% rise since March 2026. International orders constitute a significant 54% of the total order book, highlighting the company's global reach.
For the first half of FY27, L&T's consolidated PAT rose 24% year-on-year to ₹9,325 crore, with consolidated revenue growing 11% to ₹1,46,692 crore. International revenue for the six-month period stood at ₹80,263 crore, representing 55% of total revenue.
Leadership Comments and Key Project Wins
Commenting on the results, SN Subrahmanyan, Chairman and Managing Director of L&T, stated, “The Company has delivered a strong quarter in an everchanging geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies. We achieved yet another record quarterly order inflow.”
Earlier in the quarter, L&T's Transportation Infrastructure business vertical secured major design and build orders for two key systems packages of the Dhaka Mass Rapid Transit Development Project (Line 1), known as Dhaka Metro, in Bangladesh. This significant contract falls within the ₹5,000 crore to ₹10,000 crore category, further solidifying the company's position in major infrastructure development projects.