L&T Q3 Results: Net Profit Falls 4% YoY To Rs 3,215 Crore, Revenue Up 10.5%

L&T Q3 Results: Infrastructure giant Larsen & Toubro (L&T) on Wednesday reported a 4.2 per cent fall in its consolidated profit after tax to Rs 3,215 crore for the third quarter ended December 31, 2025. However, its revenue from operations in October-December 2025 rose to Rs 71,450 crore, which is 10.48 per cent higher as compared with Rs 64,668 crore in the year-ago period.

The company had posted a profit after tax of Rs 3,359 crore in the corresponding quarter last year, according to a regulatory filing.

L&T’s total expenses during the quarter rose to Rs 65,729.76 crore from Rs 60,302.62 crore in the year-ago period.

As of December 31, 2025, the group’s consolidated order book reached Rs 7,33,161 crore, a 30 per cent increase from December 2024,

with international orders making up 49 per cent of the overall order book.

L&T Chairman and Managing Director S N Subrahmanyan said, “Looking ahead, we remain optimistic that pro-growth momentum will be maintained in the ecosystem 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. As we scale up, we remain committed to deliver a technology-led growth and creating long-term value for our stakeholders.”

Larsen & Toubro is a $30-billion Indian multinational engaged in engineering, procurement and construction projects, hi-tech manufacturing and services, operating across multiple geographies.

“The Union Budget 2026–27 is expected to increase outlays for technology, defence and urban revitalization. Continued policy stability and the expansion of flagship initiatives are expected to serve as key catalysts for economic growth. Furthermore, the private sector’s capital expansion witnessed in 2025 – supported by large-scale greenfield investments and favourable funding conditions – provides a solid foundation for sustained macroeconomic momentum,” the firm said in a stock exchange filing.

The Infrastructure Projects segment recorded an order inflow of Rs 61,876 crore for the quarter ended December 31, 2025, registering a YoY growth of 26%. International orders accounted for 55% of the total order inflow for the quarter aided by receipt of high-value orders in the Power Transmission & Distribution and Renewables businesses.

The Energy Projects segment secured order inflows of Rs 46,049 crore for the quarter ended December 31, 2025, registering a YoY growth of 19% with receipt of ultra mega orders in the Hydrocarbon – Offshore Wind and CarbonLite Solutions businesses. International order inflows constituted 43% of the total order inflow during the quarter.

Shares of Larsen & Toubro rose marginally by 0.16 per cent to close at Rs 3,794 apiece on the NSE.