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Driven by its core engineering and construction segments and a healthy project pipeline in the Middle East, Larsen & Toubro (L&T) is expected to post a double-digit growth in revenue in Q2 FY26. Analysts have projected a growth of up to 19 per cent year-on-year in revenues with growth in E&C revenues, ultra mega orders from energy and hydrocarbon businesses. “Expect EBITDA margin to remain flat year-on-year at 7.6 per cent for E&C but to decline at the consolidated level. Will also look for the execution in Saudi Arabia projects and trends in the GCC orders,” mentioned Motilal Oswal Financial Services. L&T will be reporting its second quarter results later today. Analysts stated that they would monitor project inflows in the international business, hydrocarbon and green energy business. Earlier, (L&T) reported a 30 per cent increase in its consolidated net profit to ₹3,617 crore for the quarter that ended on June 30, 2025. The company reported a 15.5 per cent growth in revenue at ₹63,678 crore. Published on October 29, 2025