Outcome of Board Meeting of Larsen & Toubro Limited held on October 27, 2026

Larsen & Toubro Limited e LARSEN & TOUBRO Secretarial Department Landmark, 'A' Wing, Gr. Floor, Suren Road Off Andheri-Kurla Road, Chakala Andheri (East), Mumbai - 400 093, INDIA Tel: +91 022 6134 2655 Email: IGRC@Larsentoubro.com SEC/2026 October 27, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, 5th Floor Phiroze Jejeebhoy Towers, Plot No.C/1, G Block,Bandra-Kurla Complex, Bandra Dalal Street,MUMBAI - 400 001 (E), Mumbai - 400 051 STOCK CODE: 500510 STOCK CODE: LT Dear Sir/Madam, Sub.: Outcome of Board Meeting of Larsen & Toubro Limited (“the Company”) held on October 27, 2026 Further to our letter dated October 13, 2026 and in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), we wish to inform you that the Board of Directors of the Company at its meeting held today i.e. October 27, 2026, has, inter alia, approved the Consolidated and Standalone Unaudited Financial Results of the Company, for the Quarter and Half-Year ended 30th September 2026. We enclose a copy of the Consolidated and Standalone unaudited Financial Results of the Company, for the quarter and half-year ended September 30, 2026, along with the Press Release relating thereto, as Annexure I. We also enclose the “Limited Review Report for the Quarter and half-year ended September 30, 2026” issued by the Statutory Auditors, M S K A & Associates LLP, Chartered Accountants, as Annexure II. Further, please note that the Statement of Utilisation of Proceeds and the Statement of Deviation/Variation in the Use of Issue Proceeds for the quarter ended September 30, 2026, pursuant to Regulations 52(7) and 52(7A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is enclosed as Annexure III. Additionally, the provisions of Regulations 54(2) and 54(3) of the SEBI Listing Regulations relating to disclosure of security cover are not applicable to the Company, as the Company has not issued any secured non-convertible debentures and, accordingly, no such debentures were outstanding as on September 30, 2026. Registered Office: Larsen & Toubro Limited L&T House, Ballard Estate, Narottam Morarjee Marg, Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 www.Larsentoubro.com CIN: L99999MH1946PLC004768 An ISO 9001:2015 Certified Department Larsen & Toubro Limited e LARSEN & TOUBRO Secretarial Department Landmark, 'A' Wing, Gr. Floor, Suren Road Off Andheri-Kurla Road, Chakala Andheri (East), Mumbai - 400 093, INDIA Tel: +91 022 6134 2655 Email: IGRC@Larsentoubro.com The Board Meeting commenced at 2:00 p.m.(IST) and concluded at 04:45 p.m. Thanking you, Yours sincerely, For LARSEN & TOUBRO LIMITED SUBRAMANIAN NARAYAN COMPANY SECRETARY & COMPLIANCE OFFICER (M.NO. A16354) Encl. as above Registered Office: Larsen & Toubro Limited L&T House, Ballard Estate, Narottam Morarjee Marg, Mumbai - 400 001, INDIA Tel: +91 22 6752 5656 www.Larsentoubro.com CIN: L99999MH1946PLC004768 An ISO 9001:2015 Certified Department LARSEN & TOUBRO WWW larsentoubro com L&T House L&T Press Release Ballard Estate, Mumbai 400 001 Tel 91 22 6752 5656 Issued by Corporate Brand Management & Communications CIN L99999MH1946PLC004768 Consolidated Financial Results for the quarter ended September 30, 2026 Revenues at ₹ 78,750 crore, up 16% PAT at ₹ 5,202 crore, up 33% Record Order Inflows at ₹ 147,665 crore, up 28% Mumbai, October 27, 2026 Revenue & PAT Larsen & Toubro Group achieved consolidated revenues of ₹ 78,750 crore for the quarter ended September 30, 2026, registering a y-o-y growth of 16% driven by accelerated progress in the various business in the Projects, Products & Manufacturing (PPM) portfolio. International revenues during the quarter were at ₹ 45,870 crore, constituted 58% of the total revenue. For the half-year ended September 30, 2026, consolidated revenue at ₹ 146,692 crore registered a y-o-y growth of 11%. International revenues stood at ₹ 80,263 crore, contributing 55% of the Company’s total revenues. The Company, for the quarter ended September 30, 2026, posted a Consolidated Profit After Tax (PAT) of ₹ 5,202 crore, registering an y-o-y growth of 33%. Similarly, for the half-year ended September 30, 2026, Consolidated PAT at ₹ 9,325 crore, registering a y-o-y growth of 24%. Order Inflow & Order Book The Company secured orders worth ₹ 147,665 crore, registering a y-o-y growth of 28% for the quarter ended September 30, 2026. During the quarter, the Company secured several high-value orders led by Hydrocarbon – Offshore & Onshore, CarbonLite Solutions, Public Spaces & Airports, and Power Transmission & Distribution businesses. International orders stood at ₹ 92,375 crore, contributing 63% to the total order inflow. On a half-yearly basis, orders worth ₹ 255,678 crore were received at the Group level during the half-year ended September 30, 2026. The Company registered a y-o-y growth of 22% aided by a strong order inflow momentum in Hydrocarbon - Offshore, Offshore Wind, Minerals & Metals, and Residential & Commercial Buildings businesses. International orders stood at ₹ 153,077 crore, accounting for 60% of the total order inflow. The Group’s consolidated order book as on September 30, 2026, was at ₹ 853,514 crore, reflecting a 15% growth over Mar’26. International orders constituted 54% of the overall order book. Commenting on the results, S N Subrahmanyan, Chairman and Managing Director, said: “The Company has delivered a strong quarter in an everchanging geopolitical landscape. This performance reflects continued customer confidence and our ability to secure large and complex orders across sectors and geographies. We achieved yet another record quarterly order inflow. Focused execution across our Projects, Products & Manufacturing businesses supported a higher revenue growth. The highest ever order book at ₹8.5 lakh crore provides multi-year revenue visibility. Our unwavering focus on delivering technically demanding projects to the customer’s satisfaction continues to strengthen our dominant position. The TRUST reposed in us by our customers, partners, and other stakeholders, together with a risk calibrated approach to bidding and execution remains central to our continued success. We are well positioned to sustain this growth momentum and will continue to invest in innovation, digital capabilities, and technology-led businesses to drive growth and create long-term value for our stakeholders.” Segment-wise Performance Highlights The key parameters of the Group and Segment Performance for the quarter and half-year ended September 30, 2026, are shown in Annexure 1. Segment composition is provided in Annexure 2. Infrastructure & Utilities Segment The Infrastructure & Utilities segment secured order inflow of ₹ 35,509 crore during the quarter ended September 30, 2026, registering a decline of 13% on y-o-y basis, impacted by the deferment of select targeted orders. International orders constituted 31% of the total order inflow of the segment during the quarter. As on September 30, 2026, the segment order book stood at ₹ 361,368 crore, with international orders contributing 34% to the total. The segment recorded customer revenues of ₹ 25,133 crore for the quarter ended September 30, 2026, registering a y-o-y growth of 6%. The growth is largely attributed to improving execution across the domestic private sector and international projects. International revenues constituted 30% of the total customer revenues of the segment during the quarter. The EBITDA margin of the segment for the quarter ended September 30, 2026, was at 5.7% compared to 6.2% in the corresponding quarter of the previous year. The contraction in margin is primarily on account of cost pressures and change in sales mix. Energy - Conventional Segment The Energy – Conventional segment secured orders valued at ₹ 78,413 crore during the quarter ended September 30, 2026, registering growth of more than 100% on y-o-y basis. The growt [Showing first 8,000 characters — download PDF for full document]