L&T Q1 Preview: Analysts project 13% revenue growth, 21% PAT boost on infra, Middle East gains

Investors will watch for order inflows, metro project financing, and closure of key deals when L&T announces results on Tuesday.
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SIVARAM V/Reuters

Driven by growth in the infrastructure segment and project execution in the Middle East, Larsen & Toubro (L&T) is expected to post a double-digit increase in revenue for the quarter that ended on June 30. 

Analysts have projected revenue growth of up to 13 per cent year-over-year, driven by domestic capital expenditures, growth in E&C revenues, and expansion in the hydrocarbon segment. 

“Sequential volatility due to delayed execution and seasonality. Weakness in domestic execution partially offset by overseas activities,” mentioned Kotak Equities. 

The company’s Profit After Tax (PAT) is expected to grow by 21 per cent over the year-ago quarter.

The engineering and infrastructure company will report its first-quarter results on Tuesday.

Key monitors

Analysts stated that they would monitor project inflows in the international business, Hyderabad metro financing and key projects closure. 

Earlier, Larsen & Toubro (L&T) reported a 25 per cent jump in consolidated net profit for the quarter ended on March 31, 2025. The company had clocked a profit of ₹5,497 crore and a 10.90 per cent growth in revenue to ₹74,392 crore, based on strong orders in the infrastructure and energy segments. 

Published on July 28, 2025