L&T Q3 Profit Dips 4% to Rs 3,215 Cr on Higher Costs, Revenue Up 10%

• Larsen & Toubro (L&T) reported a 4.2% drop in consolidated profit after tax (PAT) to Rs 3,215 crore in the December quarter.
• The profit drop was primarily due to a one-time provision of Rs 1,191 crore for employee benefits related to new labor codes.
• Consolidated revenue from operations increased by 10% to Rs 71,450 crore in the October-December period.
• The company's consolidated order book grew by 30% to Rs 7,33,161 crore as of December 31, 2025, with international orders forming 49%.
• L&T expects to exceed its 10% order inflow guidance and is pursuing revenue and margin targets, with Q4 typically being a strong quarter.

Why It Matters: L&T's Q3 profit fell due to a one-time employee benefit provision, but revenue and order book saw strong growth.