Larsen & Toubro stock reports 7 percent Q1 revenue growth

Published on 10/07/2026 at 10:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

The NSE quote was INR 3,692.20 on October 7, 2026, down 2.06 percent at 1:58 p.m. IST. The June order book reached INR 7.79 trillion.

Larsen & Toubro, INE018A01030, Illustration mit AI erstellt.

Larsen & Toubro (ISIN INE018A01030) was trading at INR 3,692.20 on NSE on October 7, 2026 at 1:58 p.m. IST, down 2.06 percent. The company reported 7 percent year-over-year revenue growth to INR 67,942 crore for Q1 FY27, according to Sahi Markets on October 7, 2026.

Revenue grows as orders build

The Q1 figure compares with INR 63,678 crore in Q1 FY26, giving Larsen & Toubro a quantified year-over-year increase of INR 4,264 crore. Consolidated net profit rose 14 percent to INR 4,123 crore in Q1 FY27, while order inflows reached INR 1.08 trillion, up 14 percent from the prior-year quarter, Sahi Markets reported.

The order book stood at INR 7.79 trillion as of June 30, 2026, up 27 percent year over year. That backlog is more than 114 times the Q1 revenue figure, highlighting why order execution and margin conversion matter more than the headline order value alone.

Transmission orders widen the pipeline

On October 7, 2026, Sahi Markets reported multiple Power Transmission and Distribution contracts worth INR 10,000 crore to INR 15,000 crore across India, Saudi Arabia and the UAE. The projects include 380 kV transmission work in Saudi Arabia, 132/11 kV substations in the UAE and a transmission system in Visakhapatnam.

The geographic mix adds international demand to Larsen & Toubro's infrastructure pipeline, but the same report identifies geopolitical conditions and raw-material costs as execution risks. For investors, the key test is whether the 27 percent backlog growth translates into stable operating margins and cash generation.

Analysts see room above NSE price

Creget published a Buy consensus from 29 analysts, with 24 Buy ratings, 4 Holds and 2 Sells. The average 12-month target was INR 4,499.52, with a high of INR 5,060 and a low of INR 3,550; the average target lies 21.9 percent above the October 7 price.

Investing.com lists November 4, 2026 as Larsen & Toubro's next earnings date. That report will show whether the June-quarter revenue pace and the expanding order book are accompanied by improving profitability.

Stock remains below yearly high

Larsen & Toubro stock was trading at INR 3,692.20 on NSE on October 7, 2026, with a 52-week range of INR 3,288.10 to INR 4,440. The market capitalization was INR 5.1 trillion and volume stood at 1,151,319 shares, keeping the current valuation tied to execution of the large infrastructure backlog.