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L&T Q1 Profit Surges 14%; RVNL, Others Report Growth

By ThePip DeskL&T Q1 Profit Surges 14%; RVNL, Others Report Growth

Larsen & Toubro reports a 13.98% rise in Q1FY27 net profit to Rs 4,122.85 crore. Discover key updates from RVNL, Deccan Gold, and Lemon Tree Hotels.

Larsen & Toubro (L&T) reported a significant 13.98% increase in its consolidated net profit for the first quarter ended June 30, 2026 (Q1FY27), reaching Rs 4,122.85 crore. This robust performance underscores a strong start to the fiscal year for the infrastructure giant.

  • Consolidated Net Profit (Q1FY27): Rs 4,122.85 crore
  • Net Profit (Q1FY26): Rs 3,617.19 crore
  • Year-over-year Profit Rise: 13.98%
  • Total Consolidated Income (Q1FY27): Rs 70,318.47 crore
  • Total Income Increase: 8.12%

Rail Vikas Nigam Secures Major EPC Order

Rail Vikas Nigam (RVNL) announced it has received a Letter of Acceptance (LoA) for a substantial engineering, procurement, and construction (EPC) project. This order, originating from East Central Railway, highlights RVNL’s continued role in infrastructure development.

  • Order Value: Rs 358.97 crore (including 18% GST)
  • Project Scope: Doubling work across a 41.04 km stretch
  • Location: Sitamarhi-Raxaul section, Samastipur Division
  • Execution Timeline: Within 1095 days

Deccan Gold Mines Forges Strategic Partnership

Deccan Gold Mines has entered into a strategic Memorandum of Understanding (MoU) with the CSIR-Central Electrochemical Research Institute (CSIR-CECRI). This collaboration aims to bolster India’s critical minerals ecosystem through advanced research and development.

  • Partner: CSIR-Central Electrochemical Research Institute (CSIR-CECRI)
  • Primary Focus: Strengthening integrated critical minerals business
  • Key Areas: Scientific research, advanced mineral processing, downstream value addition

Lemon Tree Hotels Expands Presence in Madhya Pradesh

Lemon Tree Hotels continues its expansion strategy by signing a License Agreement for a new ‘Keys Select by Lemon Tree Hotels’ property. This addition will further solidify the group’s footprint in a key Indian state.

  • New Property Location: Panthpiplai, Ujjain, Madhya Pradesh
  • Room Count: 51 rooms
  • Amenities: Restaurant, banquet facilities, recreational amenities
  • Madhya Pradesh Portfolio: 15 properties (3 operational, 12 upcoming)
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