Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Big orders lift L&T, margins eyed
Mint Hyderabad
|July 31, 2025
Heading north L&T's order book hit a record high in Q1FY26 buoyed by surge in order inflows.
Larsen & Toubro Ltd (L&T) investors were elated after the engineering giant reported robust order inflows in the June quarter (Q1FY26), lifting its stock nearly 5% on Wednesday.
Orders in the core Projects & Manufacturing (P&M) business surged 41% year-on-year (y-o-y) to ₹76,600 crore, driven by big-ticket boiler-turbine-generator (BTG) contracts in the energy segment from West Asia.
The region accounted for 38% of total Q1 inflows, as governments ramp up capital expenditure in hydrocarbons, green energy, and power.
The sharp pick-up in orders has boosted L&T's earnings visibility. Its order book rose 25% y-o-y to a record ₹6.13 trillion end-June, equivalent to 3.1x the trailing 12-month P&M revenue.
The pipeline for the rest of FY26 is also strong, up 63% y-o-y at ₹14.81 trillion.
Adding to the momentum, L&T bagged an ultra-mega order, worth over ₹15,000 crore, in hydrocarbons in West Asia on Tuesday.
This story is from the July 31, 2025 edition of Mint Hyderabad.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Mint Hyderabad
Mint Hyderabad
The versatility of Satrapi’s novels
The French-Iranian artist influenced a generation of comics creators and graphic novelists around the world, and in India
4 mins
June 13, 2026
Mint Hyderabad
SBI plans an HR overhaul to address employee burnout
Lender is revamping its employee wellness programme to meet evolving workplace demand
2 mins
June 13, 2026
Mint Hyderabad
US cyber security giants woo India’s small businesses
America’s top cybersecurity firms are shifting their focus toward small Indian businesses that rely heavily on data and the internet.
2 mins
June 13, 2026
Mint Hyderabad
How every geopolitical event hits Indian farmers
Even as farmers struggle with fuel and fertiliser shortages, a India-US trade deal could bring in harder times
5 mins
June 13, 2026
Mint Hyderabad
SEEDS FOR THE FUTURE
The very first stop we made in Svalbard, even before checking into the hotel in Longyearbyen, was the Global Seed Vault (in photo), cut deep into a mountain of ice and black rock.
2 mins
June 13, 2026
Mint Hyderabad
Decoding the mystery of Mount Kailash
In his award-winning new book, historian Alex McKay sets out to map the spiritual and scientific origins of the mountain sacred to Buddhists and Hindus alike
6 mins
June 13, 2026
Mint Hyderabad
A steak chimichurri surprise from a teenager
Last week, while I was in Mumbai, my wife sent me a photograph of a steak with chimichurri sauce. It had been made, apparently in 15 minutes, by our 16-year-old daughter.
3 mins
June 13, 2026
Mint Hyderabad
What drives ambition?
Expanding ambition beyond work to how we parent, care, and live helps us create a more meaningful life
3 mins
June 13, 2026
Mint Hyderabad
Majumdar’s canvases of vivid chaos
The US-based artist alludes to the animosity towards those questioning majoritarianism
4 mins
June 13, 2026
Mint Hyderabad
Options traders see Nifty at 23k-25k
Options sellers are pricing in a 2,000-point range for the Nifty in June on rising hopes of a preliminary deal between the US and Iran, according to National Stock Exchange data.
1 min
June 13, 2026
Listen
Translate
Change font size