Larsen & Toubro Ltd
L&T Q2 FY26: Order Book Hits ā¹6.67T (+31% YoY) š | Revenue Up 10%, Margins Steady
- Order inflows surge 45% YoY to ā¹1,158B in Q2 FY26, with Energy Projects contributing ā¹381.6B.
- Order book at ā¹6.67T (up 31% YoY); international orders make up 49%.
- Revenue rises 10% YoY to ā¹680B, driven by Hi-Tech Manufacturing (+33%) and IT & Tech Services (+13%).
- PAT climbs 16% YoY to ā¹39B; Financial Services PAT up 6% to ā¹4.9B.
- EBITDA margin at 10.0% (vs. 10.3% YoY), with improved cash flow (ā¹106B in H1 FY26).
- Strong pipeline: ā¹10.4T prospects ahead; ROE up to 17.2%, working capital efficiency improves.
- Others segment (Realty, Construction Equipment) sees 85% order growth.