Larsen & Toubro Q1 FY27 results (Apr–Jun 2026) and concall

Construction · Concall AI · Call held 28 Jul 2026

Company page: Larsen & Toubro share price, financials & guidance record

Larsen & Toubro reported a mixed Q1 FY27, with strong order inflows and PAT growth driven by international orders and working capital efficiency. However, revenue growth was subdued and EBITDA margins compressed due to geopolitical conflicts, supply chain issues, and higher ECL provisions. The company maintained its full-year guidance for order inflow and revenue growth, anticipating a pick-up in execution and awards in subsequent quarters.

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What they filed

Q1 FY27: revenue up 6.7%, net profit up 15.5% against the same quarter last year.

₹ Cr · quarterly

Line item	Q2 FY25	Q3 FY25	Q4 FY25	Q1 FY26	Q2 FY26	Q3 FY26	Q4 FY26	Q1 FY27
Revenue	61,555	64,668	74,392	63,679	67,984 +10%	71,450 +10%	82,762 +11%	67,942 +7%
Expenses	53,638	56,770	64,516	55,655	59,470	62,259	72,343	59,793
EBITDA	7,917	7,898	9,876	8,024	8,513 +8%	9,190 +16%	10,419 +5%	8,149 +2%
Margin	13%	12%	13%	13%	13%	13%	13%	12%
Other income	1,101	968	1,610	1,357	1,384	-350	1,647	2,377
Interest	2,439	2,486	2,419	2,488	2,470	2,399	2,488	2,571
Depreciation	1,024	1,047	1,052	1,033	1,092	1,072	1,168	1,032
Profit before tax	5,555	5,333	8,014	5,860	6,336 +14%	5,370 +1%	8,410 +5%	6,922 +18%
Tax rate	26%	25%	23%	26%	26%	29%	25%	28%
Net profit	4,099	3,974	6,156	4,318	4,678 +14%	3,825 −4%	6,133 −0%	4,988 +16%
EPS	24.69	24.43	39.97	26.30	28.54	23.37	38.71	29.97

How to read this

₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.

Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.

What they filed

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