Construction major Larsen & Toubro Ltd reported a 30% year-on-year rise in its net profit for the quarter ended June at ₹3,617 crore. Consolidated revenues of the infrastructure giant jumped 16% to ₹63,679 crore for the first quarter, aided by healthy execution witnessed in its key Projects & Manufacturing (P&M) portfolio.

Larsen & Toubro received orders worth ₹94,453 crore at the Group level during the quarter ended June. The company registered a year-on-year growth of 33% aided by a strong ordering momentum witnessed across diverse businesses. During the quarter, orders were received across multiple businesses like Thermal BTG, Renewables, Power Transmission & Distribution, Hydel, Non-Ferrous Metals, Offshore & Onshore businesses of Hydrocarbon, Commercial and Residential projects. International orders stood at ₹48,675 crore, accounting for 52% of the total order inflow.

The consolidated order book of the group as on June 30, 2025, stood at ₹6.12 lakh crore, a growth of 6% over March 2025. The share of international orders was 46%.

Commenting on the results, S.N. Subrahmanyan, chairman and managing director of L&T, said: “This quarter we have performed well across all financial parameters. At a Group level, we registered once again, the highest order inflow for Q1 ever. Besides improved performance on all P&L parameters, the return ratios have also moved higher.”

“This being a terminal year of our Lakshya’26 five-year plan, I am pleased to say that so far, our journey in the last four years has been good and we are on track to achieve/surpass the specified targets across all financial parameters,” Subrahmanyan added.

L&T’s new-age businesses like Semiconductor, Data Centres, Green Energy and Digital Platforms have been successfully incubated in the current strategic plan, said Subrahmanyan. “We expect these businesses to contribute meaningfully over the next 5 years. Besides enabling portfolio level diversification, these businesses reinforce our presence in technology driven sectors and to stay future ready,” Subrahmanyan said.

The Infrastructure Projects segment secured order inflow of ₹41,024 crore, during the quarter ended June, registering a moderate growth of 2% over the corresponding quarter of the previous year. International orders constituted 69% of the total order inflow of the segment during the quarter aided by receipt of major orders in the Renewables and Transmission & Distribution businesses. The segment order book stood at ₹370,390 crore as on June 30, 2025, with the share of international orders at 42%.

The Energy Projects segment secured orders valued at ₹31,420 crore during the quarter ended June 30, 2025, registering a more than 100% growth on y-o-y basis. International order inflows constituted 24% of the total order inflow during the quarter. The segment order book stood at ₹ 186,401 crore as on June 30, 2025, with the international order book constituting 65% of the total. For the quarter ended June, revenues of the energy projects segment stood at ₹12,470 crore registering a robust growth of 47% y-o-y led by an execution ramp up in international projects of the Hydrocarbon business.

The Hi-Tech Manufacturing segment secured orders valued at ₹1,889 crore for the quarter ended June 30, 2025, a 49% decline over the corresponding quarter of the previous year primarily attributable to a high base in the Precision Engineering & Systems (PES) business.

The IT & Technology Services (IT&TS) segment recorded customer revenues of ₹12,619 crore for the quarter ended June, registering a y-o-y growth of 10%, largely in line with the cautious IT&TS spending across the developed world. International billing contributed 92% of the total customer revenues.

The Financial Services segment recorded income from operations at ₹3,971 crore during the quarter ended June, registering y-o-y growth of 8% mainly attributable to the focused higher disbursements in the retail business.