Larsen & Toubro Ltd. (LT) results explained: sales up 16%

Quantooo Lab · 2026-10-27

What happened?

Larsen & Toubro Ltd. (LT) reported results on 27 Oct, covering the 3 months to 30 Sep.

The numbers in plain words

Sales were up 15.8% compared with the same period a year earlier. Out of every 100 of sales, about 10 was left as profit before tax (pre-tax margin 9.7%), higher than a year earlier (9.3%). The company is funded more by borrowing than a year ago (73% of assets vs 69%).

Source: the company's NSE results (nse ixbrl) filed 2026-10-27.

How did the share price react?

Since the results, the share price has moved +5.21% (to the close of 30 Oct), while the Nifty 50 moved +1.32%.

What changed in our score?

Our score went from 49 to 41 out of 100; the fundamentals part went from 37 to 31. Every step of the calculation: LT stock page.

How bumpy could the next month be?

Our volatility model expects the next month to be bumpier than usual for LT (26% a year vs a normal 24%).

What does it mean?

Results describe the past few months. They don't tell you where the price goes next, and our own tests found our scores don't reliably predict that either.

Educational, not investment advice.