Larsen & Toubro Limited (OTC:LTOUF) Q2 2026 Earnings Call October 29, 2025 10:00 AM EDT
Company Participants
Parameswaran Ramakrishnan – Vice President of Corporate Accounts & Investor Relations
Subramanian Sarma – Deputy MD, President & Whole-Time Director
Conference Call Participants
Mohit Kumar – ICICI Securities Limited, Research Division
Mohit Pandey – Citigroup Inc., Research Division
Aditya Bhartia – Investec Bank plc, Research Division
Bharanidhar Vijayakumar – Spark Institutional Equities Private Limited, Research Division
Shirom Kapur – Jefferies LLC, Research Division
Sumit Kishore – Axis Capital Limited, Research Division
Amit Anwani – Prabhudas Lilladher Pvt Ltd., Research Division
Atul Tiwari – JPMorgan Chase & Co, Research Division
Girish Achhipalia – Morgan Stanley, Research Division
Parikshit Kandpal – HDFC Securities Limited, Research Division
Renu Baid – IIFL Research
Priyankar Biswas – JM Financial Institutional Securities Limited, Research Division
Presentation
Operator
Ladies and gentlemen, good day, and welcome to the Q2 H1 FY ’26 Earnings Conference Call hosted by Larsen & Toubro. [Operator Instructions]
I now hand the conference over to Mr. P. Ramakrishnan from Larsen & Toubro. Thank you, and over to you, Mr. Ramakrishnan.
Parameswaran Ramakrishnan
Vice President of Corporate Accounts & Investor Relations
Thank you, Ruthuja. Good evening, ladies and gentlemen. A warm welcome to all of you into the Q2 H1 FY ’26 Earnings Call of Larsen & Toubro. The earnings presentation was uploaded on the stock exchange and in our website around 6:20 p.m. Hope you had a chance to take a quick look at the numbers.
I will first walk you through the important highlights for Q2 FY ’26 in the next 20 to 25 minutes or so, post which we will take questions. Kindly note that when the Q&A session starts, I will also have with me our Deputy Managing Director and President, Mr. Subramanian Sarma.
Before I begin the overview, the disclaimer from our end, the presentation, which









