Larsen & Toubro Ltd (LT) reported consolidated revenue of \u20b971,450 crore for the quarter ended Dec. 31, 2025, a 10% increase year-over-year. The quarter was highlighted by a record order inflow of \u20b91.36 lakh crore, up 17% from the prior year. This surge was driven by ultra-mega project wins in the Hydrocarbon and Renewable energy segments, particularly in international markets which contributed 49% of the inflow.<\/p>\n\n\n\n
Profitability presented a mixed picture due to statutory changes. The company reported a Recurring Profit After Tax (PAT) of \u20b94,406 crore, representing a 31% increase year-over-year. However, the headline consolidated PAT fell 4% to \u20b93,215 crore after accounting for a one-time exceptional charge of \u20b91,191 crore. This provision was made to comply with India’s new labor codes regarding employee benefit recognitions.<\/p>\n\n\n\n
Broader macro pressures affecting global SaaS and software stocks have led to moderate growth in L&T’s IT subsidiaries, LTIMindtree and L&T Technology Services, as enterprise clients rationalize “seat-count” spending. Despite this, consolidated EBITDA rose 19% to \u20b97,417 crore, with margins expanding to 10.4% from 9.7% a year ago. Following the results, Goldman Sachs reaffirmed its “Buy” rating with a price target of \u20b93,950.<\/p>\n","protected":false},"excerpt":{"rendered":"
Larsen & Toubro Ltd (LT) reported consolidated revenue of \u20b971,450 crore for the quarter ended Dec. 31, 2025, a 10% increase year-over-year. The quarter was highlighted by a record order inflow of \u20b91.36 lakh crore, up 17% from the prior year. This surge was driven by ultra-mega project wins in the Hydrocarbon and Renewable energy […]<\/p>\n","protected":false},"author":2386,"featured_media":178207,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1941,5753],"tags":[14972,1792,14975,8986,14973,8892,14974],"class_list":["post-178210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-analysis","category-industrials","tag-construction-and-heavy-civil-infrastructure","tag-financial-services","tag-hi-tech-manufacturing-and-engineering","tag-information-technology","tag-power-transmission-distribution","tag-real-estate","tag-shipbuilding-and-defense-equipment"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Larsen_Toubro-scaled.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":178215,"url":"https:\/\/alphastreet.com\/india\/larsen-toubro-ltd-lt-swot-analysis\/","url_meta":{"origin":178210,"position":0},"title":"Larsen & Toubro Ltd (LT): SWOT Analysis","author":"Staff Correspondent","date":"January 28, 2026","format":false,"excerpt":"Strengths Historic Backlog: Record \u20b97.33 trillion order book provides over 36 months of revenue visibility. Recurring PAT Growth: 31% jump in core profitability highlights strong operational execution. Order Inflow Momentum: Record \u20b91.36 lakh crore quarterly inflow exceeded market estimates by over 30%. 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