Now Reading: Lloyds Engineering Revenue Jumps 143%, L&T Profit Up 14% in Q1
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Lloyds Engineering Revenue Jumps 143%, L&T Profit Up 14% in Q1
Lloyds Engineering Works revenue surged 143% to Rs 527 crore in Q1 FY27 from Rs 217 crore a year ago, while net profit rose to Rs 43.1 crore from Rs 30 crore.…
The Story in Brief
Lloyds Engineering Works revenue surged 143% to Rs 527 crore in Q1 FY27 from Rs 217 crore a year ago, while net profit rose to Rs 43.1 crore from Rs 30 crore. The company's EBITDA doubled to Rs 79 crore, and its order book stood at Rs 2,817 crore as of July 1. Meanwhile, Larsen & Toubro reported a 14% rise in consolidated net profit to Rs 4,123 crore, supported by treasury gains, and revenue up 7% to Rs 67,942 crore. L&T's order inflow grew 14% to Rs 108,014 crore, with international orders contributing 56%.
Lloyds also reported its associate company's order book of Rs 4,830 crore. L&T's consolidated order book reached Rs 778,954 crore. The company flagged geopolitical risks in West Asia and supply chain disruptions but maintained its growth projections for FY27.
The Indian Opinion
The contrasting performances of Lloyds and L&T highlight the danger of reading too much into headline numbers. Lloyds's 143% revenue jump comes on a small base, while L&T's 14% profit growth relied partly on treasury gains, not core operations. Both boast fat order books, but West Asia disruption and inflation threaten timely execution. The real test will be revenue conversion in the coming quarters.
Sources (2): freepressjournal.in, thehindu.com
This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources.
