Integrated Filing — IndAS



General information about company
Scrip Code 500510
NSE Symbol LT
MSEI Symbol NOTLISTED
ISIN INE018A01030
Name of company LARSEN & TOUBRO LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 29-Jul-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Multi segment
Description of single segment
Start date and time of board meeting 29-Jul-2025   13:45:00
End date and time of board meeting 29-Jul-2025   16:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
Not applicable



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 334707300000
Other income 26060000000
Total income 360767300000
2 Expenses
(a) Cost of materials consumed 147412700000
(b) Purchases of stock-in-trade 2128100000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade -440700000
(d) Employee benefit expense 26916700000
(e) Finance costs 4741200000
(f) Depreciation, depletion and amortisation expense 4828400000
(f) Other Expenses
1 Sales, administration and other expenses 9736500000 9736500000
2 Sub-contracting charges 89236100000 89236100000
3 Other manufacturing, construction and operating expenses 35807400000 35807400000
Total other expenses 134780000000
Total expenses 320366400000
3 Total profit before exceptional items and tax 40400900000
4 Exceptional items 0
5 Total profit before tax 40400900000
6 Tax expense
7 Current tax 5614700000
8 Deferred tax -66800000
9 Total tax expenses 5547900000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 34853000000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 34853000000
17 Other comprehensive income net of taxes 5828300000
18 Total Comprehensive Income for the period 40681300000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 2750700000
Face value of equity share capital 2
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 25.34
Diluted earnings (loss) per share from continuing operations 25.33
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 25.34
Diluted earnings (loss) per share from continuing and discontinued operations 25.33
24 Debt equity ratio 0.0031
25 Debt service coverage ratio 0.0078
26 Interest service coverage ratio 0.0952
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) i. During the quarter, the Company has allotted 1,67,261 equity shares of Rs. 2 each fully paid-up, on exercise of stock options by employees in accordance with the Companys stock option schemes. n nii. Figures for the quarter ended March 31, 2025 represent the difference between audited figures for the financial year ended March 31, 2025 and the limited reviewed figures for the nine months period ended December 31, 2024. n niii. Figures for the previous periods have been regrouped or reclassified to conform to the classification of the current period. n niv. The above financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards Ind AS as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. These results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 29, 2025. The same have also been subjected to Limited Review by the Statutory Auditors.



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Infrastructure Projects 230534700000 230534700000
2 Energy Projects 63333200000 63333200000
3 Hi-Tech Manufacturing 32433400000 32433400000
4 Others 10401300000 10401300000
5 Less: Inter-segment margins on capital jobs 0 0
6 Less: Inter-segment assets 0 0
7 Less: Inter-segment liabilities 0 0
Total Segment Revenue 336702600000
Less: Inter segment revenue 1995300000 1995300000
Revenue from operations 334707300000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Infrastructure Projects 7911300000 7911300000
2 Energy Projects 6651700000 6651700000
3 Hi-Tech Manufacturing 3653700000 3653700000
4 Others 2083900000 2083900000
5 Less: Inter-segment margins on capital jobs -93000000 -93000000
6 Less: Inter-segment assets 0 0
7 Less: Inter-segment liabilities 0 0
Total Profit before tax 20207600000
i. Finance cost 4741200000 4741200000
ii. Other Unallocable Expenditure net off Unallocable income -24934500000 -24934500000
Profit before tax 40400900000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Infrastructure Projects 837926000000 837926000000
2 Energy Projects 172880000000 172880000000
3 Hi-Tech Manufacturing 143428300000 143428300000
4 Others 86002300000 86002300000
5 Less: Inter-segment margins on capital jobs 0 0
6 Less: Inter-segment assets -12111300000 -12111300000
7 Less: Inter-segment liabilities 0 0
Total Segment Asset 1228125300000 1228125300000
Un-allocable Assets 661859500000 661859500000
Net Segment Asset 1889984800000 1889984800000
4 Segment Liabilities
Segment Liabilities
1 Infrastructure Projects 588200200000 588200200000
2 Energy Projects 188134400000 188134400000
3 Hi-Tech Manufacturing 114355400000 114355400000
4 Others 38139200000 38139200000
5 Less: Inter-segment margins on capital jobs 0 0
6 Less: Inter-segment assets 0 0
7 Less: Inter-segment liabilities -12111300000 -12111300000
Total Segment Liabilities 916717900000 916717900000
Un-allocable Liabilities 260177300000 260177300000
Net Segment Liabilities 1176895200000 1176895200000
Disclosure of notes on segments Textual Information(2)



Text Block
Textual Information(2) I. The Company has reported segment information as per Ind AS 108 Operating Segments. The identification of operating segments is consistent with performance assessment and resource allocation by the management. n nII. Segment composition Infrastructure Projects segment comprises engineering and construction of a. building and factories, b. transportation infrastructure, c. heavy civil infrastructure, d. power transmission and distribution, e. renewables, f. water and effluent treatment and g. minerals and metals. Energy Projects segment comprises of a. Hydrocarbon Onshore and Offshore businesses covering EPC solutions in oil and gas, refineries, petrochemicals and offshore wind energy sectors, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning, b. CarbonLite Solutions business covering EPC solutions for power generation plants including power generation equipment with associated systems and,or carbon capture utilisation and utility packages and c. EPC solutions in green and clean energy space. Hi-Tech Manufacturing segment comprises design, manufacture or construct, supply and revamp or retrofit of a. custom designed, engineered critical equipment and systems to the process plant, nuclear energy and green hydrogen sectors b. marine and land platforms including related equipment and systems, aerospace products and systems, precision and electronic products and systems for the defence, security, space and industrial sectors. Others segment includes a. realty, b. smart infrastructure and communication projects, c. marketing and servicing of construction equipment, mining machinery and parts thereof, d. manufacture and sale of rubber processing machinery and e. e-commerce or digital platforms and data centres. n nIII. Unallocable corporate income includes majorly interest income, dividends and investment related gains. Unallocable expenditure includes majorly corporate expenses not allocated to segments. Unallocable corporate assets comprise majorly investments. Unallocable corporate liabilities comprise majorly borrowings. n nIV. In respect of segments of the Company, revenue and margin do not accrue uniformly during the year. n nV. Figures for the quarter ended March 31, 2025 represent the difference between audited figures for the financial year ended March 31, 2025 and the limited reviewed figures for the nine months period ended December 31, 2024. n nVI. Figures for the previous periods have been regrouped or reclassified to conform to the classification of the current period.



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/(loss) on remeasurement of the defined benefits plann -799200000 -799200000
Total Amount of items that will not be reclassified to profit and loss -799200000
2 Income tax relating to items that will not be reclassified to profit or loss -201100000
3 Amount of items that will be reclassified to profit and loss
1 Debt instruments through Other comprehensive income 1639200000 1639200000
2 Exchange differences in translating the financial statements of foreign operations -42900000 -42900000
3 Effective portion of gains/(losses) on hedging instruments in a cash flow hedge 7018200000 7018200000
4 Cost of hedging reserve -584900000 -584900000
Total Amount of items that will be reclassified to profit and loss 8029600000
4 Income tax relating to items that will be reclassified to profit or loss 1603200000
5 Total Other comprehensive income 5828300000