Larsen & Toubro Ltd. Q3 net profit falls 4% to ₹3,215 crore

Larsen & Toubro Ltd. (L&T) for the third quarter ended December 31, 2025 reported 4 drop in consolidated net profit at ₹3,215 crore as compared with ₹3,359 crore a year ago. 

During the quarter the company had one-time material provision of ₹1,191 crore towards employee benefits arising from the implementation of the new labour codes which has been classified under Exceptional Items. 

The company for the quarter reported consolidated revenues of ₹71,450 crore, up 10% Year on Year (YoY), driven by steady execution progress across the various businesses within the Projects & Manufacturing (P&M) portfolio. International revenues were ₹38,775 crore, constituting 54% of total revenues.

The company secured orders worth ₹135,581 crore, up 17% YoY and order inflow spanned multiple geographies and set of diverse sectors including, Thermal Power, Hydrocarbons, Renewable Infrastructure, Transmission & Distribution and Roads & Runways. International orders stood at ₹66,848 crore, contributing 49% to the total order inflow.

The Group’s consolidated order book as on December 31, 2025, stood at ₹733,161 crore, up 30% over the year ago period. International orders constituted 49% of the overall order book.

S.N. Subrahmanyan, Chairman and Managing Director, L&T said, “We have witnessed another landmark quarter for the company as we posted our highest ever quarterly order inflow.”

“For the first time, the quarterly order inflow in our Projects & Manufacturing (P&M) portfolio has exceeded the ₹1 lakh crore mark – a clear reflection of our capabilities and the inherent strength of our business model,” he said.

“Looking ahead, we remain optimistic that pro-growth momentum will be maintained in the eco-system through sustained capital expenditure. We expect additional policy thrust to strengthen domestic manufacturing and fiscal incentives to support the deepening of India’s digital and AI ecosystem,” he said.

“As we scale up, we remain committed to deliver a technology-led growth and creating long-term value for our stakeholders,” he added.