Home / Business and Economy / L&T Surges Past Profit Estimates in Q2 FY27
L&T Surges Past Profit Estimates in Q2 FY27
27 Oct
Summary
- Net profit jumped 33% to Rs 5,202 crore, beating Bloomberg estimates.
- Revenue climbed 16% to Rs 78,750 crore in the second quarter.
- Order inflows rose 28% year-on-year, reaching Rs 1.47 lakh crore.
Larsen & Toubro (L&T) reported robust financial results for the July to September quarter of fiscal year 2027. The company's net profit soared by 33% to Rs 5,202 crore, significantly exceeding the Bloomberg estimate of Rs 4,342 crore.
Total revenue for the quarter ended September 30 grew by 16% to Rs 78,750 crore, compared to Rs 67,984 crore in the same period last year. Order inflows demonstrated considerable strength, increasing by 28% year-on-year to Rs 1.47 lakh crore.
Operational performance saw EBITDA advance slightly by 1% to Rs 6,845 crore, though EBITDA margin contracted to 8.7% from 10% year-on-year. Segment-wise, Green Energy revenue surged by 43%, Manufacturing & Products by 31%, and Financial Services by 27%.
