In Q2, L&T's profit increased 16 percent to ₹3,926 cr.

New Delhi, Oct. 29 (PTI)—On the strength of increased revenues, infrastructure giant Larsen & Toubro (L&T) announced a 15.6% increase in consolidated net profit to ₹3,926.09 crore for the September quarter on Wednesday.

According to a filing to the BSE, the company reported a consolidated net profit of ₹3,395.29 crore for the previous year.

According to the report, the combined revenue from operations for the July–September period increased by 10% to ₹67,983.53 crore from ₹61,554.58 crore during the same time last year.

For the half-year that concluded on September 30, 2025, the firm said that it had obtained orders of ₹2,10,237 crore, representing a 39% year-over-year gain. During the half-year, foreign orders of ₹1,24,236 crore made up 59% of the total order.

According to all metrics, the company's financial performance has been well-rounded. The company's strong position in the EPC domain is demonstrated by our ability to consistently secure significant orders across geographies and segments.

"Our ability to successfully navigate both local and global problems is demonstrated by the constant execution across a diversified portfolio. S N Subrahmanyan, the company's chairman and managing director, stated, "We continue to witness higher capital expenditures in both our primary geographies, India and the Middle East, and remain fairly optimistic about order prospects."

According to him, the firm and the Telangana government have struck an in-principle agreement for the company to sell its interest in L&T Metro Rail (Hyderabad) Ltd (L&TMRHL).

"This is in line with our stated objective under Lakshya 2026 to exit the public concessions portfolio," he said.

A multinational corporation based in India with operations in several countries, Larsen & Toubro is worth USD 30 billion and is involved in engineering, procurement, and construction projects as well as high-tech manufacturing and services.