Larsen & Toubro Limited has informed the Exchange about General Updates
LT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
L&T reported a strong start to FY26 with order inflows of ₹945 bn, up 33% year-on-year, and revenue of ₹637 bn, up 16% year-on-year. The order book stood at ₹6,128 bn (up 25% YoY), with international orders contributing 46%. Net profit grew 30% YoY to ₹36 bn, aided by improved working capital (10.1% vs 13.9%) and higher other income. EBITDA margin slipped 30 bps to 9.9%, attributed to a change in revenue mix, with Energy and Hi-Tech Manufacturing segments seeing sharper margin declines. Cash flow from operations (ex-financial services) turned positive at ₹62 bn versus a negative ₹14 bn a year ago. The company highlighted a prospect pipeline of around ₹15 trillion for the remaining nine months of FY26, including ₹8 trillion in Infrastructure alone.
The robust order book and strong pipeline offer solid revenue visibility going forward, which is positive for shareholders. However, the EBITDA margin contraction across key segments is a watchpoint despite healthy topline and profit growth.