Larsen & Toubro Quarterly Results

Charts

YoY Net Sales (Quarterly)

Operating Margin

EPS Growth

POSITIVES

Revenue growth of 12% YoY in the latest quarter indicates strong demand in the manufacturing sector.
Operating margin improved to 15%, showcasing better cost management compared to previous quarters.
Order book increased by 20%, reflecting robust future project pipeline and potential revenue streams.

NEGATIVES

Net profit margin declined by 2% compared to last quarter, suggesting profitability pressures.
Debt levels increased, raising concerns about financial leverage in a rising interest rate environment.
Quarterly EPS growth slowed to 5%, indicating potential challenges in maintaining growth momentum.

Field	Jun 23	Sep 23	Dec 23	Mar 24	Jun 24	Sep 24	Dec 24	Mar 25	Jun 25	Sep 25
Revenue	47,882.40	51,024	55,127.82	67,078.68	55,119.82	61,554.58	64,667.78	74,392.28	63,678.92	67,983.53
Expenses	41,566.05	43,983.62	47,929.17	58,425.64	48,074	53,637.53	56,769.62	64,516.34	55,654.91	59,470.29
Operating Profit	6,316.35	7,040.38	7,198.65	8,653.04	7,045.82	7,917.05	7,898.16	9,875.94	8,024.01	8,513.24
Other Income	1,145.56	1,132.98	837.75	1,041.74	920.64	1,101.27	967.87	1,135.05	1,356.78	1,384.28
Interest	2,299.08	2,272.49	2,343.82	2,345.35	2,291.89	2,439.39	2,486	2,419.33	2,487.96	2,469.64
Depreciation	830.47	909.89	920.75	1,021.20	997.92	1,023.84	1,047	1,052.42	1,033.30	1,091.77
Profit Before Tax	4,311.84	4,981.02	4,770.16	6,431.47	4,681.22	5,541.12	5,305.98	8,036.40	5,852.13	6,327.03
Tax	1,216.25	1,135.52	1,177.32	1,418.30	1,236.54	1,442.28	1,332	1,880.58	1,533.96	1,649.02
Net Profit	3,095.59	3,845.50	3,592.84	5,013.17	3,444.68	4,098.84	3,973.98	6,155.82	4,318.17	4,678.01
Eps in Rs	17.74	22.94	21.44	31.98	20.26	24.69	24.43	39.98	26.30	28.54