EBITDA for the quarter improved 7% YoY to Rs 6,806 crore, while margins declined slightly to 10%
“The company has reported a well-rounded financial performance across all parameters. Our ability to repeatedly secure large orders, across segments and geographies is a true testimony to the Company’s leadership position in the EPC domain,” said S N Subrahmanyan, CMD, L&T.
The company bagged orders worth Rs 1.15 lakh crore during the quarter, which is a jump of 45% YoY, helped by a strong order momentum across a broad spectrum of businesses.
The quarter saw order wins in businesses such as public spaces, data centres, commercial buildings, metro, hydel and tunnel, transmission and distribution, renewables, and both offshore and onshore businesses in the hydrocarbon sector.
International orders stood at Rs 75,561 crore, accounting for 65% of the total order inflow.The consolidated order book of the Group at the end of September quarter stood at Rs 6.67 lakh crore, a growth of 15% over March 2025. International orders comprise 49% of the order book.
Infrastructure business
Segment wise, the infrastructure projects segment secured orders worth Rs 52,686 crore during the quarter ended September, registering a growth of 6% over the corresponding quarter of the previous year despite the high base effect.
International orders constituted 48% of the total order inflow of the segment during the quarter aided by receipt of major orders in the building and factories, heavy civil infrastructure, power transmission and distribution and renewables businesses.
Revenues for the segment dropped 1% YoY to Rs 31,759 crore, mainly due to slower progress in water related projects. The extended monsoon conditions also dampened the revenue growth, the company said. EBITDA margin of the segment during the quarter was at 6.3%.
Energy segment
The Energy segment secured orders valued at Rs 38,156 crore in Q2, which is more than double that or previous year quarter. The growth in order inflow was driven by the receipt of ultra-mega orders in both the onshore and offshore businesses in the Hydrocarbon sector.
Revenues for the business rose 48% YoY to Rs 13,082 crore, led by an execution ramp up in international
projects of the hydrocarbon business. The segment’s EBITDA margin stood at 7.3%, lower than 8.9% in the last year quarter.
Hi-Tech manufacturing
The orders for the business came in at Rs 2,582 crore, down 34% YoY, due to deferral of orders. Export orders constituted 18% of the total order inflow of the segment during the quarter. Revenues for the business rose 33% YoY to Rs 2,754 crore.