L&T’s Q3 Profit Misses but Order Inflows hit Rs 1 Lakh crore

Larsen & Toubro (L&T) reported a 14% year-on-year rise in its Q3 net profit to ₹3,359 crore, but it missed analysts’ estimates. The company’s revenue grew 17% to ₹64,668 crore, driven by a strong order book and increased execution momentum. The order inflow for the quarter crossed ₹1 lakh crore, highlighting robust business growth and reflecting the company’s ability to secure large-scale projects.

The performance was supported by strong execution across key segments such as infrastructure, energy, and heavy engineering. However, higher costs and challenges in certain projects impacted the overall profitability. Despite these hurdles, L&T’s management remains optimistic about the future, focusing on improving operational efficiencies and project execution capabilities.

The company is also actively exploring opportunities in emerging sectors such as renewable energy, water management, and smart infrastructure. These strategic initiatives aim to diversify its portfolio and enhance long-term growth prospects.

L&T’s order book remains healthy, providing a strong foundation for sustained revenue growth in the coming quarters. The company plans to leverage its expertise and resources to navigate market challenges and capitalize on new opportunities in the infrastructure and engineering sectors