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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 Larsen & Toubro Limited 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 BSE Limited Phiroze Jejeebhoy Towers, Dalal Street,MUMBAI - 400 001 STOCK CODE: 500510 National Stock Exchange of India Limited Exchange Plaza, 5th Floor Plot No.C/1, G Block,Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 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 ter ms 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. e LARSEN & TOUBRO An ISO 9001:2015 Certified Department

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1 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, 202 6, consolidated revenue at ₹ 146,692 crore registered a y -o-y growth of 11%. In ternational 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 e LARSEN & TOUBRO WWW larsen t oubro com L& T Press Release Issued by Corporate Brand Management & Communications L&T House Ballard Estate, Mumbai 400 001 Tel 91 22 6752 5656 CIN L99999MH1946PLC004768

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2 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, 202 6. 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.”

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3 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, 202 6, 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 10 0% on y -o-y basis. The growth is driven by receipt of multiple high-value orders in the Hydrocarbon – Offshore & Onshore and CarbonLite Solutions businesses. International order inflow constituted 73% of the total order inflow during the quarter. The segment order book stood at ₹ 2 86,888 crore as on September 30, 202 6, with international orders representing 65% of the total. For the quarter ended September 30, 2026, the segment recorded customer revenues of ₹ 17,285 crore, reflecting a y-o-y growth of 29% on the back of improved execution in the Hydrocarbon and CarbonLite Solutions businesses. International revenues constituted 76% of the segment’s total customer revenues for the quarter. The segment recorded an EBITDA margin of 7.4% for the quarter ended September 30, 2026, compared to 8.2% in the corresponding quarter of the previous year. The decline in margin is primarily attributable to a higher proportion of orders in early stages of execution within the CarbonLite Solutions business.

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4 Energy - Green Segment The Energy – Green segment secured orders valued at ₹ 6,558 crore during the quarter ended September 30, 2026, registering decline of 45% on y-o-y basis. The decline is on account of deferrals in the Solar business. International order inflow constituted 100% of the total order inflow during the quarter. The segment order book stood at ₹ 143,597 crore as on September 30, 2026, with the international order book representing 97% of the total. The segment recorded customer revenues of ₹ 11,493 crore for the q uarter ended September 30, 2026, registering a y-o-y growth of 43%, largely due to ramp up of execution in Solar jobs and commencement of execution in Offshore Wind projects . International revenues constituted 94% of the segment’s total customer revenues for the quarter. The segment recorded an EBITDA margin of 6.0% for the quarter ended September 30, 2026, marginally down when compared to 6.2% in the corresponding quarter of the previous year. Manufacturing & Products Segment The segment reported order inflows of ₹ 5,778 crore during the quarter ended September 30, 2026, registering a growth of 34% over the corresponding quarter of the previous year, primarily attributable to receipt of export orders in the Precision Engineering & Systems business. Export orders accounted for 68% of the total order inflow of the segment during the quarter. As on September 30, 2026, the segment order book stood at ₹ 42,881 crore, with export orders contributing 25% to the total. For the quarter ended September 30, 202 6, customer revenues were ₹ 4,480 crore, registering a y-o-y growth of 34%, driven by improved execution progress in the Precision Engineering & Systems business. International revenues constituted 18% of the segment’s total customer revenues during the quarter. The segment recorded an EBITDA margin of 1 5.7% for the quarter ended September 30, 202 6, compared to 13.5% reported in the corresponding quarte r of the previous year. The margin improvement is reflective of a more favourable execution profile of projects within the portfolio. Technology, Platforms & Services Segment The segment recorded customer revenues of ₹ 14,826 crore for the quarter ended September 30, 2026, registering a y-o-y growth of 11%, driven by continued client spending across the IT&TS sector. International billing contributed 92% of the total customer revenues of the segment for the quarter ended September 30, 2026. The segment delivered an EBITDA margin of 19. 5% for the quarter ended September 30, 2026, compared with 20.0% reported in the corresponding quarter of the

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5 previous year. The slight moderation is reflective of higher manpower cost and adverse forex variation. Financial Services Segment The segment recorded income from operations at ₹ 5,307 crore during the quarter ended September 30, 2026, registering y -o-y growth of 27%, primarily driven by higher disbursements in the Retail business. The total loan book stood at ₹ 136,635 crore as on September 30, 2026, reflecting a growth of 12% over March 2026. The retail loan book constituted 99% of the total loan book as on September 30, 2026. The segment recorded a Profit Before Tax (PBT) of ₹ 1,319 crore for the quarter ended September 30, 2026, compared to ₹ 989 crore in the corresponding quarter of the previous year. The improvement in profitability was supported by loan book growth, stable asset quality and a strong operating performance resulting in higher net interest margin and fee income. Realty Segment The segment reported order inflows of ₹ 1,292 crore during the quarter ended September 30, 2026, registering a decline of 12% over the corresponding quarter of the previous year, majorly due to lower pre-sales as some new launches are delayed. As on September 30, 2026, the segment order book stood at ₹ 18,400 crore. For the quarter ended September 30, 2026, customer revenues were ₹ 225 crore, registering a decline of 43% on a y-o-y basis, driven by lower handover of residential units. The segment recorded an EBITDA margin of 54.3% for the quarter ended September 30, 2026, compared to 67.6% in the corresponding quarter of the previous year. The decline in margin is primarily attributable to fewer residential unit handovers during the quarter. Development Projects Segment The performance of this segment comprises the operations of (a) Nabha Power Limited up to the date of its divestment on June 25, 2026, (b) Hyderabad Metro till April 30, 2026, in line with the terms of the Share Purchase Agreement with HMRL, a Government of Telangana enterprise and (c) Green Energy business. During the quarter ended September 30, 2026, the segment recorded Nil revenue and EBIT loss of ₹ 16 crore, as the Green Energy business is in investment phase.

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6 Outlook The Indian economy maintained a good growth momentum during the first half of FY 2026-27. Economic activity was supported by buoyant domestic demand, sustained capital expenditure and continuing robustness in the services sector. Despite a global environment marked by trade tensions, geopolitical conflicts, and high energy prices, India's macroeconomic fundamentals remained resilient, providing a strong foundation for growth. However, inflation remain s a concern, arising from food price volatility, elevated energy costs, and weather-related disruptions. Geopolitical imbalances, trade uncertainties, and climate-related risks continue to affect commodity prices and supply chains. Reflecting these concerns, the Reserve Bank of India (RBI) raised the repo rate by 25 basis points to 5.50% and shifted its policy stance from ‘neutral’ to ‘calibrated tightening’. Notwithstanding, India is expected to remain among the fastest-growing major economies, with the RBI forecasting real GDP growth of 7.1% for FY 2026 -27, supported by healthy domestic demand, private investment activity, and infrastructure spending. The global economic outlook is one of guarded optimism, aided by AI Data Center demand in several major economies and fresh investments in infrastructure, energy transition, technology, and industrial capacity. The Middle East continue to pose varied downside risks to global growth and investment activity. The Company will continue to leverage its capability and flexibility to successfully navigate the environment. The Company remains focused on operational excellence and the adoption of technology to improve productivity and competitiveness and ensure long-term sustainable growth for its stakeholders. Background: Larsen & Toubro is a USD 32 billion Indian multinational engaged in EPC Projects, Hi -Tech Manufacturing, Products and Services, operating across diverse domains and multiple geographies. With a strong impetus towards AI & technology, customer–focussed approach and the constant quest for top-class quality have enabled L&T to attain and sustain leadership in its major lines of business for eight decades. Media Contacts: Sumeet Chatterjee Head - Corporate Brand Management & Communications sumeet.chatterjee@larsentoubro.com

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7 Annexure 1 Group Performance – Key Parameters Q2 FY'26 Q2 FY'27 % Var Key Parameters (in ₹ crore) H1 FY'26 H1 FY'27 % Var 67,984 78,750 16% Revenue from operations 1,31,662 1,46,692 11% 56% 58% International revenue % 54% 55% 61,177 71,905 18% Total operational expenses 1,18,538 1,33,731 13% 6,806 6,845 1% EBITDA 13,124 12,961 (1%) 10.0% 8.7% EBITDA % 10.0% 8.8% 763 473 (38%) Finance costs 1,544 1,012 (34%) 1,092 1,037 (5%) Depreciation & Amortisation 2,125 2,069 (3%) 3,926 5,202 33% Consolidated Profit After Tax 7,543 9,325 24% Segment Wise Details Q2 FY'26 Q2 FY'27 Q2 FY'26 Q2 FY'27 Q2 FY'26 Q2 FY'27 Infrastructure & Utilities 40,755 35,509 23,717 25,133 6.2% 5.7% Energy - Conventional 38,349 78,413 13,448 17,285 8.2% 7.4% Energy - Green 11,932 6,558 8,042 11,493 6.2% 6.0% Manufacturing & Products 4,303 5,778 3,355 4,480 13.5% 15.7% Technology, Platforms & Services 13,278 14,807 13,328 14,826 20.0% 19.5% Financial Services 4,166 5,307 4,166 5,307 Realty 1,469 1,292 394 225 67.6% 54.3% Development Projects 1,531 - 1,533 - Total 1,15,784 1,47,665 67,984 78,750 Segment (in ₹ Crore) Order Inflow Customer Revenue EBITDA Margin (%) Refer Note 2 Refer Note 1 H1 FY'26 H1 FY'27 H1 FY'26 H1 FY'27 H1 FY'26 H1 FY'27 Infrastructure & Utilities 60,829 79,866 46,139 46,991 5.9% 5.4% Energy - Conventional 69,879 81,542 26,429 31,792 8.0% 7.6% Energy - Green 32,882 39,600 14,378 17,100 6.2% 6.0% Manufacturing & Products 7,383 11,238 6,941 8,699 15.8% 15.3% Technology, Platforms & Services 25,897 29,419 26,006 29,453 19.8% 19.3% Financial Services 8,137 10,349 8,137 10,349 Realty 2,456 2,591 851 1,234 57.5% 40.0% Development Projects 2,773 1,074 2,781 1,074 Total 2,10,237 2,55,678 1,31,662 1,46,692 Segment (in ₹ Crore) Order Inflow Customer Revenue EBITDA Margin (%) Refer Note 2 Refer Note 1 Note 1: Financial Services Q2 FY'26 Q2 FY'27 H1 FY'26 H1 FY'27 NIM + Fees % 10.2% 10.5% 10.2% 10.5% Note 2: Development Projects (₹ crore) Q2 FY'26 Q2 FY'27 H1 FY'26 H1 FY'27 EBIT 87 (16) 219 109 1---------------+------+l t-----l ----+----------< 1---------------+------+I 1-----1 ----+----------<

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8 Annexure 2 Segment Composition Segments Composition Infrastructure & Utilities Residential, Commercial buildings & Factories, Public Spaces, Airports & Health, Transportation Infrastructure, Heavy Civil Infrastructure, Power Transmission & Distribution, Water & Effluent Treatment, Metals & Minerals Energy - Conventional Hydrocarbon - Onshore & Offshore, Modification Revamp & Upgradation, CarbonLite Solutions Energy - Green Solar, Onshore Wind, Offshore Wind Manufacturing & Products Heavy Engineering, Precision Engineering & Systems, Electronic Products & Systems, Electrolyser Manufacturing, Industrial Valves, Construction Equipment & Mining Machinery, Rubber Processing Machinery Technology, Platforms & Services LTM Limited, L&T Technology Services Limited, Digital Platforms, Data Centers, Semiconductor Technologies Financial Services L&T Finance Limited Realty L&T Realty Development Projects Hyderabad Metro, Nabha Power (Upto the date of divestment), Green Energy

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E> LARSEN & TOUBRO LIMITED Registered Office: L& T House, Ballard Estate, Mumbai 400 001 CJN: L99999MH1946PLC004768 STATEMENT DF UNAUDITED CONSOLIDATED FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026 ~ Crore Quarter ended Six months ended Year ended September 30, June 30, September 30, September 30, September 30, March 31, Particulars 2026 2026 2025 2026 2025 2026 [~eviewed] [Reviewed] [Re'liewed] [Reviewed) [Reviewed] [ Audited] 1 Income: a) Revenue from operations 78749.94 67941.74 67983.53 146691.68 131662.45 285874.36 b) Other income (net) 2306.26 2376.73 1384.28 4682.99 2741.06 5760.68 Total Income 81056.20 70318.47 69367.81 151374.67 134403.51 291635.04 2 Expenses: a) Manufacturing, construction and operating expenses: i) Cost of raw materials and components consumed 11255.26 8170.14 7572.63 19425.40 14222.90 33031.76 ii) Construction materials consumed 17183.26 11729.13 16034.77 28912.39 29986.54 63388.65 iii) Purchase of stock-in-trade 360.41 426.69 302.08 787.10 514.44 1262.30 iv) Stores. spares and loose tools consumed 1550.23 1060.20 985.17 2610.43 1993.38 4171.98 v) Sub-contracting charges 12963.60 12128.44 11001.47 25092.04 22358.53 49446.73 vi) Changes in inventories of finished goods, stock-in-trade and work-in-progress (82.44 ) ( 1791.33) (168.68) (1873.77) (661.98 ) ( 1963.12) vii) Other manufacturing, construction and operating expenses 9042.52 9975.26 7861.03 19017.78 15405.48 36502.91 b) Finance cost of financial services business and finance lease activity 1968.86 2032.66 1706.83 4001.52 3413.18 6995.34 c) Employee benefits expense 14245.58 14043.43 12985.98 28289.01 25624.42 52187.22 d) Sales, administration and other expenses 3418.01 4050.64 2895.84 7468.65 5681.49 11699.45 e) Finance costs 472.94 538.67 762.81 1011.61 1544.42 2848.82 f) Depreciation. amortisation. impairment and obsolescence 1036.91 1032.28 1091.77 2069.19 2125.07 4364.75 Tota l Expenses 73415.14 63396.21 63031.70 136811.35 122207.87 263936.79 3 Profit before exceptional items and tax {1-2) 7641.06 6922.26 6336.11 14563,32 12195.64 27698.25 4 Except ional items [loss] (1722.44) 5 Profit before tax (3+4) 7641.06 6922.26 6336.11 14563.32 12195.64 25975.81 6 Tax expense: a) Current tax 2062.97 1881.18 1576.97 3944.15 3095.47 6752.96 b) Deferred tax (337.06) 58.23 72.05 (278.83) 87 51 63.45 Total tax expense 1725.91 1939.41 1649.02 3665.32 3182,98 6816.41 7 Net profit after tax (5-6) 5915.15 4982.85 4687.09 10898.00 9012.66 19159.40 8 Share in profiU(loss) after tax of joint ventures/associates (net} 34.00 5.18 (9.08) 39.18 (16.48) (205.52) 9 Net profit after tax including share in profit/{loss) of joint ventures/associates (7+8) 5949.15 4988.03 4678.01 10937.18 8996.18 18953.88 Attributab le to: Owners of the Company 5202.10 4122.85 3926.09 9324.95 7543.28 16083.99 Non-eontrolling interests 747,05 865.18 751.92 1612.23 1452.90 2869.89 10 Other comprehensive income {OCI) a) i) Items that will not be reclassified to profit and loss (172,63) 129.59 (31.60) (43.04) (122.28) (115.88) ii} Income tax relating to items that will nol be reclassified to profit and loss 44.60 (32.93) 7.45 11.67 34.40 30.54 b) i) Items lhal will be reclass ified to profit and loss (208.89) 976.13 (628.08) 767.24 717.49 (723.61 ) ii) Income tax relating to items that will be reclassified to profit and loss 24.98 (234.98) 162.69 (210.00) 39.76 402.45 Other comprehensive income [net of tax] (a+b) (311.94) 837.81 (489,54) 525,87 669.37 (406.50) Allributable to: Owners of lhe Company (323.93) 617.51 (268.08) 293.58 889.22 185.98 Non-controlling interests 11.99 220.30 (221.46) 232.29 (219.85) (592.48 ) 11 Total comprehensive income (9+10) 5637.21 5825.84 4188.47 11463.05 9665.55 18547.38 Attributable to: Owners of the Company 4878.17 4740.36 3658.01 9618.53 8432.50 16269.97 Non-controlling Interests 759.04 1085.48 530.46 1844.52 1233.05 2277.41 12 Paid-up equity share capital (face value of share: t 2 each) 275.18 275.15 275.11 275.18 275.11 275.13 13 Other equity attributab le to owners of the Company 109014.67 14 Earnings per equity share (EPS) (not annualised for the interim periods): (a) Basic EPS (t) 37.81 29.97 28.54 67.78 54.85 116.93 (b) Diluted EPS (~) 37.80 29.96 28.53 67.76 54.82 116.88 Notes: (i) During the quarter, the Company has allotted 1,65,811 equity shares of'" 2 each fully paid-up, on exercise of stock options by employees in accordance with the Company's stock option schemes. (ii) The Company entered into a Share Purchase Agreement on April 29, 2026. with Hyderabad Metro Rail Limited. a Government of Telangana Enterprise for the divestment of its entire equity stake in its subsidiary, L& T Metro Rail (Hyderabad} Limited rL TMRHL T The divestment process is underway and the estimated completion date for the transaction has been revised to December 31, 2026. Pursuant to this. the Assets & the Liabilities of the L TMRHL continues to be classified as ·Held for Sale· as at September 30. 2026.

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(iii) Consolidated Statement or Assets and Liabilities: f Crore As at Particulars September 30, March 31, 2026 2026 [Reviewed] [Audited] ASSETS: Non-current assets Property , plant and equipment 16349.09 15663.02 Capital work-in-progress 3149,98 3036.25 Investment property 706.73 223.22 Investment property under construction 377.37 897,12 Goodw ill 8485.85 8481,54 Other intangible assets 1637.56 1828.21 Intangible assets under development 401.02 274,70 Right-of-use assets 4026.48 3773.80 Financial assets: Investments in joint ventures and associates 2131.89 2258.01 Other investments 5620.64 6593.92 Loans towards financing activities 84008.9 4 74995.72 Other loans 26.28 586.81 Other financial assets 5372.80 4276.78 Deferred tax assets (net) 4324.90 4252.76 Current tax assets (net) 4428.02 4397.21 Other non-current assets 3277.60 2699.49 Sub-tota l - Non-current assets 144325,15 134238,56 Current assets Inventories 11551.80 9530.93 Financial assets: Investments 75000.98 59524.86 Trade receivables 57718.96 60461.26 Cash and cash equivalents 14620.39 15391.24 Other bank balances 7813,39 5456.43 Loans towards financing activities 48164.97 42825.48 Other loans 420.15 634.46 Other financial assets 7916.28 7713.29 Other current assets 100854.46 91303.18 Sub-total - Current assets 324061,38 292841.13 Group(s) of assets classified as held for sale 16340.78 25470.19 TOTAL ASSETS 484727.31 452549,88 EQUITY AND LIABILITIES: EQUITY Equity share capital 275.18 275.13 Other equity 112753.67 109014.67 Equity attributable to owners of the Company 113028.85 109289.80 Non-controlling interest 20226.55 19240.66 TOTAL EQUITY 133255.40 128530.46 LIABILIT IES Non-current liabilities Financial liabilities: Borrowings 69934.69 63738.59 Lease liabilities 3202.39 2767.05 Other financial liabilities 1644,34 1979.86 Provisions 884,08 832.48 Deferred tax liabilities (net) 172.78 167.11 Other non-current liabilities 53,39 36.82 Sub-total • Non-current liabilities 75891.67 69521,91 Current liabilities Financial liabilities: Borrowings 37510.91 34778.53 Current maturities of long term borrowings 28781.45 23165.90 Lease liabilities 870.99 1046.52 Trade payables: Due to micro enterprises and small enterprises 2020,85 1840.35 Due to others 69303 .34 67615.28 Other financial liabilities 11149.75 11092.88 Other current liabilities 100940,12 85861,52 Provisions 5474.42 5009.03 Curren t tax liabilities (net) 3813.47 3121.46 Sub-total - Current liabilities 259865,30 233531.47 Liabilities associated with group(s) of assets classified as held for sale 15714.94 20966 .04 TOTAL LIABILIT IES 351471.91 324019.42 TOTAL EQUITY AND LIABILITIES 484727 ,31 452549,88 (iv) The Company reports its consolidated financial results on a quarter1y basis. The standalone financial results are available on the Company's website viz. www.larsentoubro.com and on the websites of BSE (www.bseindia.com) and NSE (www.nseindia.com). The specified items of the standalone financial results of the Company for the quarter and six months ended September 30, 2026 are given below: f Crore Quarter ended Six months ended Year ended Septembe r 30, June 30, September 30, Septem ber 30, September 30, March 31, Particulars 2026 2026 2025 2026 2025 2026 [Reviewed] [Reviewed] [Reviewed] [Reviewed! [Reviewed] [Audited! a) Revenue from operations " ... 43583.58 36024,07 35115.74 79607.65 68586.47 153680.17 b) Profit before exceptional items and tax l"'\-r.: . . ~.......:._-,: 3999.61 5180.05 2431.23 9179.66 6471.32 16262.95 I ,,, .._ C) ProfiU(loss) before tax (after exceptional items) t ;,.ssoc.r , . 3999,61 5180.05 (2981.77) 9179.66 1058.32 9141,22 'I" .y---~,qr ';\", d) Net profiU(loss) after tax (after exceptional items) ~:' \~ \,· 3370.12 4455.26 (3591.17) 7825.38 (105.87) 6287.13 I,_.: I r"I '

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(v) Additional disclosures as per Regu lation 52(4) of SEBI (List ing Obligations and Disc losure Requirements) Regulations, 2015: Quarter ended Six months ended Year ended Sr. Particulars September 30, June 30, September 30, September 30, September 30, March 31, No. 2026 2026 2025 2026 2025 2026 1 Debt equity ratio 1' 1 1.02 1.01 1.09 1.02 1.09 0.95 2 Debt service coverage ratio (DSCR) 14.37 10.72 6.00 12.37 1.64 2.27 3 Interest service coverage ratio (ISCR) 14.37 11.42 7.96 12.80 7.55 9.19 4 Current ratio 1.25 1.25 1.25 1.25 1.25 1.25 5 Long term debt to working capital ratio 1.06 1.07 1.21 1.06 1.21 1.05 6 Bad debts to accounts receivable ratio 0.00 0.00 0.00 0.00 0.00 0.01 7 Current liability ratio 0.74 0.74 0.73 0.74 0.73 0.72 8 Total debt to total assets ratio 0.28 0.28 0.33 0.28 0.33 0.27 9 Debtors turnover ratio 4.63 4.49 4.45 4.63 4.45 4.34 10 Operating margin (%) 8.69% 9.00% 10.01% 8.84% 9.97% 10.20% 11 Net profit margin(%) 7.55% 7.34% 6.88% 7.46% 6.83% 6.63% 12 Inventory turnover ratio [refer note (d)(12)) NA NA NA NA NA NA 13 Capital Redemption Reserve/Debenture Redemption Reserver' Crore) 338.23 338.23 338.23 338.23 338.23 338.23 14 Net worth r' Crore) (As per section 2(57) of Companies Act, 2013) 110724.45 106288.94 98737.80 110724.45 98737.80 107329.44 Notes: (a) The ratios are to be read and interpreted considering that the Group has diversified nature of businesses. (b) Above ratios have been computed excluding the assetsAiabilities classified as held for sale for the quarter and six months ended September 30, 2026 and year ended March 31 , 2026. (c) Considering borrowings included under the heading "Held for Sale", the debt-equity ratio including these borrowings for the quarter and six months ended September 30. 2026 is 1.12. (d) Formulae for computation of above ratios are as follows: Sr. Particulars Formu lae No. 1 Debt equity ratio Total borrowings Total equity Profit before interest tax and exce~tional items• 2 Debt service coverage ratio (DSCR) Finance costs• + Principal repayments (net of refinancing) made during the period for long term borrowings• (• Excluding Financial Services and Finance lease model business) Profit before interest. tax and exceQtional items• 3 Interest service coverage ratio (ISCR) Finance costs• (• Excluding Financial Services and Finance lease model business) 4 Current ratio Current assets Current liabilities 5 Long term debt to working capital ratio Long term borrowings (including current maturities of long term borrowings) Current assets(- ) Current liabilities [excluding current maturities of long term borrowings) Bad debts• 6 Bad debts to accounts receivable ratio Average gross trade receivables• (• Excludinq Financial Services\ 7 Current liability ratio Current liabilities Total liabilities 8 Total debt to total assets ratio Total borrowings Total assets Revenue from operations for trailing 12 months• 9 Debtors turnover ratio Average gross trade receivables• (• Excluding Financial Services) Profit before depreciation , interest•, tax and exceptional items 10 Operating margin (%) (-) Other income Revenue from operations (• Excluding Finance cost of Financial Services and Finance lease model business) 11 Net profit margin(%) Net profit after tax including share in profiV(loss) of joint ventures/associates Revenue from operations Cost of Goods Sold 12 Inventory turnover ratio t f'-/.Nl • Average Inventory ~ ~,·:~_;soc;~~~ 1 ~ , Not material considering the size and the nature of operations of the Group . ~ ~ ' , ....

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(vi) Consolidated Statement of Cash Flows : ~ Crore Six months ended Particulars September 30, September 30, 2026 2025 [Reviewed] [Reviewed] A. Cash flow from operating activities: Profit before exceptiona l items and tax Adjustments for: Dividend received Depreciation , amortisation , impairment and obsolescence Exchange difference on items grouped under financing/investing activities Effect of exchange rate changes on cash and cash equivalents Finance costs Interest income (Profit)/loss on sale of Property , plant and equipment, Investment property and Intangible as·sets (net) (Profit)/loss on sale/fair valuation of investments (net) Bad debts and advances written off & Allowances for expected credit loss (net) Employee stock option-d iscount (Gain)/loss on disposal of subsidiary/associate/business undertaking (Profit)/loss on investments/ loans towards financing activity (net) Others Operating profit before working capital changes Adjustments for: (lncrease)/decrease in trade and other receivables (lncrease)/decrease in inventories lncrease/(decrease) in trade and other payables Cash generated from operations before financing activities (lncrease)/decrease in loans and advances towards financing activities Cash generated from operations Direct taxes paid (net) Net cash generated from operating activities 14563.32 (270.61) 2069.19 (46.00) 70.90 867.30 (2089.71) (18.06) (1552.20) 2353.06 34.25 (332.93) 172.56 (0.83) 15820.24 (7761.39) (858.57) 17678.72 24879.00 /15858.69\ 9020.31 (3269.78\ 5750.53 12195.64 (58.28) 2125.07 22.70 (178.88) 1448.92 (1540.96) (87.90) (935.83) 1867.74 71.07 (81.39) 7.95 14855.85 (4172.74) (636.52) 6165.84 16212.43 /9463.02) 6749.41 12933.28) 3816.13 B. Cash flow from investing activities: Purchase of Property, plant and equipment, Investment property and Intangible assets Sale of Property, plant and equipment , Investment property and Intangible assets Purchase of non-current investments Sale of non-current investments (Purchase)/sale of current investments (net) Change in other bank balance and cash not available for immediate use Deposits/loans given to associates, joint ventures and third parties Deposits/loans repaid by associates, joint ventures and third parties Interest received Dividend received from joint ventures/associates Dividend received from other investments Consideration received on transfer of business undertaking Consideration received on disposal of subsidiaries/ divestment of part stake in associates Consideration paid on acquisition of business Consideration paid on acquisition of Subsidiaries (including contingent considerat ion) Cash and cash equivalents acquired pursuant to acquisition of subsidiaries/business Consideration paid on acquisition of stake in an associate /joint venture Net cash generated from/(used in) investing activities (2563.06) 129.07 (272.84) 1014.69 (13409 .16) (3346.28) (196.05) 417.49 1801.39 34.78 270.61 493.00 3830.99 - (805.30) - . 112600.67 (2674.72) 241.10 (2045.97) 689.01 2321.46 2027.66 (168.24) 140.24 1470.06 11.69 58.28 . . (709.21) (141.03) 89.34 (253.99) 1055.68 C. Cash flow from financing activities: Proceeds from issue of share capital (including share application money) [net] Proceeds from non-current borrowings Repayment of non -current borrowings Proceeds from/(repayment of) other borrowings (net) Payment made for acquisition of additional stake in a subsidiary from non-controlling interest Other payments (to)/from non-controlling interest (net) Settlement of derivative contracts related to borrowings Dividends paid Repayment of lease liability Interest paid on lease liability Interest paid (including cash flows on account of interest rate swaps ) Net cash gene rated from/ (used in) financ ing activities Net inc rease/(decrease) in cash and cash equiva lents (A+ B + C) Cash and cash equivalents at beginning of the period Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents at end of the period 4.05 23362.34 (14649.59} 6019.03 (698.99) (872.15) 42.77 (5227.77) (454.41) (121.21) 11256.19' 6147.88 (702.26) 15391.24 168.59) 14620.39 6.07 22925.24 (20198.49) (2536.30) (707.24) 13.68 (4676.22) (380.22) (109.62) 11822.08) 17485.18 (2613.37) 12187.00 217.48 9791.11 Notes: 1 Statement of Cash Flows has been prepared under the indirect method as set out in the Indian Accounting Standard (Ind AS) 7 "Statement of Cash Flows" as specified in the Companies (Indian Accounting Standards} Rules, 2015. 2 Property, plant and equipment, Investment property and Intangible assets are adjusted for movement of (a) Capital work-in-prog ress for Property, plant and equipment , (b) Investment property under construction and (c) Intangible assets under development during the period. (vii) Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods. (viii) The above consolidated financial results of the Parent Company includ ing its Subsidiaries , Associates & Joint Ventures have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards (Ind AS) as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other account ing principles generally accepted in India. These results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 27, 2026. The same have also been subJected to L,m,ted ORev,ew by ~1£.'~ !:~tory Auditor. 0 SOC/.qr&:;~j t'" ,-? • Ill ~ ~ , " ;f ·~ -1~ J/4- Mumbai October 27. 2026 ~........:..0 red Ac::n~ -· ~~--.. for LARSEN & TOUBRO LIMITED S-1'J·~~1 S.N.SUBRAHMANYAN Chairman & Mananinn Director

Page 15

Unaudited Conso lidated Segment-w ise Revenue, Results, Total Assets and Total Liabili t ies: fCrorf! Quarter ended Six months ended Year ended September 30, June 30, September 30, September 30, Septembe r 30, March 31, Particulars 2026 2026 2025 2026 2025 2026 (Reviewod ] (Reviewed} (Reviewed) (Reviewed) [Reviewed) [Audited') Gross segment revenu e 1 Infrastructure & Utilities 25554 .23 22143.53 24110.04 47697.76 46806.11 100842.49 2 Energy - Conventiona l 17289.39 14513,59 13456.95 31802.98 26441.91 55836.81 3 Energy - Green 11493.93 5607.09 8042.21 17101.02 14377.69 35020.16 4 Manufactu ring & Products 4638.92 4380 .35 3531.28 9019.27 7290.55 17628.54 5 Tec hnology, Platforms & Serv ices 14938.76 14719.94 13406.89 29658 .70 26137.07 54109 .02 6 Fin ancial Services 5307.32 5041.69 4166.33 10349.01 8137.34 17283.43 7 Realty 393.02 1133.40 477.91 1526.42 1012.51 3130.25 8 Development Projec ts 1073.69 1533.00 1073.69 2782.28 5118.51 Total 79615.57 68613 .28 68724 .61 148228.85 132985 .46 288969. 21 Less: Inter-segment revenue 865.63 671.54 741.08 1537.17 1323.01 3094.85 Net seg ment revenue 78749 .94 67941 .74 67983.53 14669 1.68 131662.45 285874 .36 Segment results 1 Infrastru cture & Utilities 1144.30 804.4 1 1136.59 1948.71 2024 .50 5457.41 2 Energy. Conventional 1157.76 1017.80 1024.22 2175.56 1957.99 3608.18 3 Energy• Green 668.70 321.59 490.07 990.29 865.23 2379.91 4 M anufac turi ng & Products 610.16 542.30 385.60 1152.46 961.54 2653.33 5 Technology , P latforms & Service s 2442 .51 2353.78 2206.28 4796.29 4256 .33 8618.24 6 Finan cia l Services 1318.85 1236.26 988.89 2555 .11 1932.10 4032.05 7 Rea lty 96.63 346.90 246.01 443.53 448.32 1242.18 8 Deve lopment Projects (15.66) 124.46 86.95 108.80 218.67 538.95 Tota l 7423 .25 6747 .50 6564 .61 14170 .75 12664.68 28530.25 Less: Inter-segment marg ins on capital jobs 21.35 17.96 30.93 39.31 47.08 114.25 Less: Finan ce costs 472 .94 538.67 762.81 1011.61 1544.42 2848.82 Add: Unallocable corporate income net of expend iture 712.10 731.39 565.24 1443.4 9 1 122.46 2131.07 Profit before exceptional it ems and tax 7641.06 6922.26 6336.11 14563.32 12195 .64 27698 .25 Addl(less): Exceptional items !loss) (1722.44) Profit before tax (including exceptiona l items) 7641.06 6922.26 6336.11 14563.32 12195.6 4 25975.81 Segment assets 1 Infrastructure & Utilities 94455.49 93916 .63 85141.59 94455.49 85141.59 91464 .58 2 Energy - Conventional 40792.85 39345.12 32863.7 1 4 0792.85 32863.71 39633.56 3 Energy ~ Green 32 172.72 25175.11 12043.39 32172.72 12043.39 24111.62 4 Manufact uring & Prod ucts 24040.36 21965.28 17697.40 24040 .36 17697.40 19824.12 5 T echnology , Platforms & Services 59119.16 5788 1.13 53131 .37 59119.16 53131.37 58038.31 6 Financial Services 155795.06 146449 .29 125478.81 155795.06 125478.81 140383.98 7 Realty 15503.34 14549.67 12165.78 15503.34 12165.78 13529.0 3 8 Development Projects 17142.81 17024.32 25186.78 17142.81 25186.78 25008.07 Total segment asset s 4390 21.79 416306 .55 363708 .83 439021 .79 363708 .83 411993.27 Less: Inter.segment assets 3767.90 3441.55 5822.81 3767,90 5822 .81 3981.62 Add: Unallocable corporate assets 49473.42 47495.32 33216.60 49473.42 33216.60 44538.23 Total assets 484727 .31 460360 .32 391102 .62 484727.31 391102.62 452549.88 Segment l iabilities 1 Infra structur e & Utilities 70483.83 69544.11 59392 .44 70483.83 59392.44 70079.23 2 Energ y• Conventional 45109.23 43194.36 33360.04 45109.23 33360.04 41848.36 3 Energy - Green 34093 .59 25606.08 9878 .95 34093.59 9878.95 23688 .10 4 Manufacturing & Produc ts 16364.81 15206.56 12301.36 16364 .81 12301.36 14797.85 5 Tec hnology , Pla tforms & Services 17136.02 17552.60 13906.70 17136.02 13906.70 18442.49 6 F inancial Services 128472. 77 120084.30 100779.3 1 128472.77 100779.3 1 114148.0 4 7 Realty 8375.04 7245.45 5585.55 8375.04 5585.55 6715.69 8 Development Projects 2023.97 1998.53 6546.43 2023.97 6546.43 6328.60 Total s egment liab ilities 322059 .26 300431.99 241750.78 322059 .26 241750.78 296048.36 Less: Inte r.segment liabilities 3767.90 3441.55 5822.81 3767.90 5822.81 3981.62 Add: Unallocable corpora te liabilities 33180.55 35038.88 35367 .52 33180 .55 35367.52 31952.68 Total liabilit ies 351471.91 332029.32 27129 5.49 351471.91 271295.49 324019.42 Notes: (I) The Group has reponed segment information as per Ind AS 108 "Operafing Segments". The identificalion of operating segments 1s cons1s1ent with performance assessment and resource allocation by the chief operafing decision making body. (II) Effective from April 01, 2026. pursuant to the Lakshya 2031 strategrc plan and the reorganisation structure. the Group has realigned rts portfolio to enhance strategic focus, capital allocation efficiency and operalional agility. As a result. the repor1ing segments are nowciassified as The erstvlh1te Infrastructure Pro1ects has been renamed as Infrastructure & Ul11ities. Erstwt11le Ene1gy Projects has been renamed as Energy- Conventional. The renewable, business and offshore ,,.,.;nd energy business have been carved out from the erslwtille Infrastructure ProJects and erstwhile Energy Projects respectively. and are now part or ne'My formed Energy - Green segment Erstwhile Hi-Tech Manufacturing has been renamed as Manufacturing and Products. and now inc!udes construction equipment & industrial product design & development bu'S-mess wtm:h was earlier part of Others segment. Erstwhile IT & Technology Services has been renamed as Technology, Platforms & Services. Realty business has been ciass1fied as a separate reponable segment W'hich was earlier forming part of Others segment. Accordingly. the Group has presented its segment results based on the revised reportable segment structure and regrouped the ptevious periods to make ii comparable with the current periods. {111) The revised Segment composrt,on is as follows: Infrastructure & Util ities segment comprises engmeenng and construction of {a) buildings infrastructure - (i) resrdential. commercial buildings & factories and (ii) public spaces. airports & health. (b) transportation infrasiructure. (c) heavy civil mfrastructure, (d) power transmission & distribution. (e) water & effluent treatment and (fJ met,:11$ & minerals. Energy- Conventional segment compnses of (a) Hydrocarbon Onshore and Offshore businesses covering EPC solutions and revamp/retrofit proJects. in oil & gas, refineries, pe1rochem1cals. from lront-end design through detailed engineermg, modular fabrication. procurement. project managemenl, construction, installation and commission ing, (bt CarbonUte Solutions business covering BTG scope for power generaiion plants including associated systems and/or carbon capture ut1lisa11on & utility packages. Energy - Green segment comprises engineering and construction of renewables - solar, onshore & offshore wind projects. Manufacturing & Products .segment comprises design, manufacture/construct and supply of (a) custom designed, engineer~ crrtieal equipment & systems 10 the fertllizer, refinery, 011 & gas, petrochemical, nuclear energy and green hydrogen sectors, (b) marine and !and plalforms including related equipment & systems and aerospace products & systems. (c) design. development and manufacture of advanced electronic systems and solutions for defence, aerospace, industnal and energy applications, (d) electrotysers and (e) construction equipment & industrial prodl.lct design development compns1ng of (i) manufacture and sale of industnal valves. {Ii) marketing and servicing of construction equipment. mming machinery and parts thereof, (iii) manufacture and sale of components of construclion equipment and {iv) manufacture and sale of rubber processing machinery. Technology, Platforms & Ser vices segment comprises (a) information technology and integrated engineering services (including smart infrastructure & communication pr0Je<:ts), (bJ e-commerce/d1g1tal platforms. cloud services & data centers and (c) semiconductor chip design. Financial Service s segment pnmanly comprises retail finance. Realty segment comprises real estate development for commercial and residential proJecls. Development Projects segment comprises (a) development, operation and maintenance of Hyderabad metro rail. including trans1t-onented development. (b) po,.ver generation & devetopmenl-(i) thermal power generalton (upto the date ol divestment) and (ii) green energy. (IV) Segment revenue compnses sales and operabonal inoome accur1ng specifica!Sy to a segment and includes, in the case of Development Pro1ects and Realty segment. profits on sale of business lJndertaking/stake in the subsidiary and/or joint venture companies m those segments. Segmenl result represents profit before mteresl and tax. Unallocable corporate income includes ma1orty mteresl income, divtdends and investment related gains/losses. Unallocable expenditure includes ma1orty corporate expenses not allocated to segments. Unallocable corporate assets comptise maJorly investments. Investment m joint ventures ar.d associates Klent1fied wrth a particular segment are reported as part of lhe segment asse1s of those respective segments. Unallocable corporate liabilities comprise majorly borrOWings. In respect of (a) Finane1a1 SeMees segment and (b) Development Pro1ects segment relating 10 a thermal power generation asset given on finance leaseluplo the date of dwestment), segment !iabdities include borrowings as finance costs on the borrowings are accounted as segment expense. (V) In respect of some segments of the Groop. revenue and margin do not accrue uniformly dunng the year. (VI) Figures for the previous penods have been regrouped/reclassified to oonlorm to the classification of the current periods for LARSEN & TOUBRO LIMITED d~ l,q SJ·~~~ Mumbai ~ S. N. SUBRAHMANYAN Octobe r 27. 2026 ~ 1~ Chairma n & Managing Director ~ 1Ll)j))iir; ,:,"" fed Ac.CO~ . ,

Page 16

8 LARSEN & TOUBRO LIMITED Registered Office: L& T House, Ballard Estate, Mumbai 400 001 CIN: L99999MH1946PLC004768 STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER AND SIX MONTHS ENDED SEPTEMBER 30, 2026 (Crore uarter11n e Six months en,1e,1 Year ended Particulars September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 rRevlewedl [Reviewed] [Revlem1d] 'Reviewed' 'Reviewed' [Audited] ' Income: •I Revenue from operations 43583.58 36024,07 35115.74 79607.65 68586.47 153680.17 ,, Other income(net} 2478.44 4094.41 1073,53 6572.85 3679,53 7358.45 Total Income 46062.02 40118.48 36189,27 86180.50 72266.00 161038.62 ' Expenses: •I Manufacturtng, const11..1ction and operating expenses: i} Cost of raw materials and components consumed 8645.17 5729,24 4246.47 14374.41 8300.64 19804.95 ii) Construction materials consumed 11313,11 8973.67 11182.17 20286.78 21267.58 45669.73 iii) Purchases of stock-In-trade 340.46 413.30 305.58 753.76 518.39 1250.49 iv) Stores, spares and loose tools consumed 821.87 751.31 626.66 1573.18 1228.35 2581.14 v) Sub-contracting charges 10973.13 9706.58 8975.98 20679.71 17899.59 39966.86 vi) Changes In inventories of finished goods, stock-in-trade and work-ln_-progress 175.63 (565.50) 156.94 (389.87) 112.87 139.05 vii) Other manufacturing, construction and operating expenses 4721.23 4349.58 3625.29 9070.81 7206.03 16597,71 " Employee benefi,ts expense 3283.75 3257.21 2887.75 6540.96 5579.42 11602.89 cl Sales, administration and other expenses 917.88 1494.08 789.14 2411.96 1762.79 3502.03 ,, Finance costs 405.30 352.37 476.23 757.67 950.35 1675.42 •I Depreciation, amortisation, impairment and obsolescence 464.88 476.59 485.83 941.47 968.67 1985.40 Total Expenses 42062.41 34938.43 33758.04 77000.84 65794,68 144775.67 ' Profit before exceptional Items and tax (1-2) 3999.61 5180.05 2431.23 9179,66 6471,32 16262,95 ' Exceptional Items (loss) - /5413.00) i5413.00 i7121.73 ' Profll/(loss) before tax {3+4) 3999.61 5180.05 12981.77 9179.66 1058,32 9141.22 ' T11x expense: . •I Current tax 745.74 684.78 590.98 1430.52 1152.45 2866.39 ,, Deferred tax 1116.25 40.01 18.42 (76.24) 11.74 (12.30) Total tax expense 629.49 724.79 609.40 1354.28 1164.19 2854,09 ' Net profil/(loss} after tax (5-6) 3370.12 4455.26 13591.17 7825,38 1105.87 6287.13 " Other comprehensive Income (OCI) •I i) Items that will not be reclassified to profit and loss (187.21) 82.56 (38.23) (104.65) (118.15) (195.14) ii) Income tax relating to items that will not be reclassified to profit and loss 47.09 (20.78) 9.63 26.31 29,74 49.11 ,, i) Items that will be reclassified to profit and loss (319.22) 133.72 346.34 (185.50) 1149.30 1527.59 ii) Income tax relating to items that will be reclassified to profit and loss 38.94 (5.18) (124.80) 33.76 (285.12) (413.04) Other i::omprehensive income [net of tax] (a+b) (420.40) 190.32 192.94 (230.08) 775.77 968.52 " Total comprehensive income (7+8) 2949.72 4645.58 1339B.23 7595.30 669.90 7255,65 10 Paid-up equity share capital (face value or share:~ 2 each) 275.18 275.15 275.11 275.18 275.11 275.13 " Other equity 74257.77 " Earnings per equity share (EPS) {not annualised for the Interim periods): (a) Basic EPS (~ 24.50 32.39 (26.11) 56,88 (0.77) 45.71 b) Diluted EPS (~ 24.49 32.37 126.11) 56.86 (0.77) 45.69 Notes: (i) During the quarter, the Company has allotted 1,65,811 equity shares off 2 each fully paid-up, on exercise of stock options by employees in accordance with the Company's stock option schemes. (ii) The Board of Directors of the Company at its meeting held on December 08, 2025 approved a Scheme of Arrangement amongst the Company, L& T Realty Properties Limited (L TRPL), a wholly owned subsidiary of Ille Company and their respective shareholders and creditors pursuant to Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, for transfer and vesting of the Company's Realty Undertaking to LTRPL, on a going concern basis by way of slump sale with appointed date of April 01, 2026 or such other date as may be mutually agreed._The Scheme is subject to approval of the Hon'ble National Company Law Tribunal ("NCL T"), Mumbai Bench and such other regulatory and other approvals as may be required. Pending receipt of requisite approvals, the financial results of the said undertaking continue to be included in the results of the Company. (iii) The Company entered into a Share Purchase Agreement on April 29, 2026 with Hyderabad Metro Rail Limited, a Government of Telangana Enterprise for the divestment of its entire equity stake in its subsidiary, L&T Metro Rail ( Hyderabad) Limited ("L TMRHL"}. The divestment process is underway and the estimated completion date for the transaction has been revised to December 31, 2026. Pursuant to this, the investment in L TMRHL continues to be classified as "Held for Sale" as at September 30, 2026. {iv) The Company entered into a Business Transfer Agreement on August 11, 2026 to transfer its Data Center and Cloud Service Business, forming part of the Others segment, by way of a sale on a going concern basis to Vyoma.AI Limited, a wholly owned subsidiary. Additionally, ihe Company has entered into a Share Purchase Agreement on August 11, 2026 to transfer its entire stake in L&T Network Services Private Limited, a wholly owned subsidiary, to Vyoma,AI Limited. Accordingly, the related assets and liabilities of the said business and the investment are classified as "Held for Sale". The transfer is expected to be completed by 03 2026-27.

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(v) Statement of Assets and Liabilities: r' Crore As at Particulars September 30, March 31, 2026 2026 [Reviewedl [Audited] ASSETS: Non-current assets Property, plant and equipment 8827.55 9354.83 Capital work-in-progress 974.40 1439.81 Investment property 1094.48 1025.57 Investment property under construction 716.41 553.53 Goodwill 121.86 121.86 Other intangible assets 153,86 118.46 Intangible assets under development 58.36 31.4-7 Right-of-use assets 1150.30 1066.94 Financial assets: Investments 28066.85 26993,91 Loans 504.24 808.69 other financial assets 686.10 827.56 Deferred tax assets (net) 1256.39 1148.77 Current tax assets (net) 3328.84 3240.44 other non-current assets 1641.69 1495.14 Sub total - Non-current assets 48581.33 48226.98 Current assets Inventories 4202.71 3690.92 Financial assets: Investments 36940.54 29612.56 Trade receivables 42082.44 45330.30 Cash and cash equivalents 5066.19 6152.25 other bank balances 3505.74 1392.07 Loans 321.08 352.71 Other financial assets 4826.38 5384.61 Other current assets 74014.65 66396.73 Sub total • Current assets 170959.73 158312.15 Group(s) of assets classified as held for sale 2778.35 1599.11 TOT AL ASSETS 222319.41 208138.24 EQUITY AND LIABILITIES: EQUITY Equity share capital 275.18 275.13 Other equity 76643.54 74257.77 TOT AL EQUITY 76918.72 74532.90 LIABILITIES Non-current liabilities Financial liabilities: Borrowings 1.0288.05 9787.67 Lease liabilities 634.31 348.91 Other financial liabilities 220.36 292.01 Provisions 818.99 769.32 Other non-current liabilities 21.67 22.02 Sub total • Non-current liabilities 11983.38 11219.93 Current liabilities Financial liabilities: Borrowings 4067.54 1593.46 Current maturities of !ong term borrowings 428.22 392.20 Lease liabilities 355.02 535.73 Trade payables: Due to micro enterprises and small enterprises 1671.57 1524.75 Due to others 49577.20 47615.76 Other financial liabilities 4881.52 5177.07 Other current liabilities 67104.96 60674.27 Provisions 3001.85 2702.49 Current tax liabilities (net) 2284.29 2138.26 Sub total - Current liabilities 133372.17 122353.99 Liabilities associated with the group(s) of assets classified as 45.14 31.42 held for sale TOTAL LIABILITIES 145400.69 133605.34 , TOTAL EQUITY AND LIABILITIES 222319.41 208138.24 d 1:-.::.0~ ·,. " ',.,

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(vi) Additional disclosures as per Regulation 62(4) of SEBI (Listing Obllgatlons and Disclosure Requirements) Regulations, 2016: Quarter ended Six months ended Yearsnded Sr.No, Particulars September 30, June 30, September 30, September 30, Sepblmber 30, March 31, 2026 2026 2025 2026 2025 2026 1 Debt equity ratio 0.19 0.23 0.26 0.19 0.26 0.16 2 Debt service coverage ratio (DSCR) 10.87 15.70 6.11 13.12 1.19 1.81 3 Interest service coverage ratio (lSCR) 10.87 15.70 6.11 13.12 7.81 10.71 4 Current ratio 1.28 1.27 1.28 1.28 1.28 1.29 5 Long tenn debt to working capital ratio 0.28 0.28 0.41 0.28 0.41 0.28 6 Bad debts to accounts receivable ratio 0.00 0.00 0.00 0,00 0.00 0.01 7 Current liability ratio 0.92 0.92 0.90 0.92 0.90 0.92 8 Total debt to total assets ratio 0.07 0.08 0.10 0,07 0,10 0.06 9 Debtors turnover ratio 3.67 3.41 3.43 3.67 3.43 3.31 10 Operating margin (%) 5.49% 5.31% 6.61% 5.41% 6.87% 8.18% 11 Net profit margin(%) 7.73% 12.37% (10.23%) 9.83% (0.15%) 4.09% 12 Inventory turnover ratio (refer note 12) NA NA NA NA NA NA 13 Capita! Redemption Reserve/Debenture Redemption Reserve [ ( Crore] 266.25 266.25 266.25 266.25 266.25 266.25 14 Net worth [ ( Crore] (As per section 2(57} o/Companles Act. 2013) 75462.76 72224.25 66577.13 75462,76 66577.13 72930.98 15 The Company has not issued any secured listed non-convertible debt securities. Note: Formulae for computation of ratios are as follows: Sr. No. Particulars Formulae 1 Debt equity ratio Total borrowings Tota! equity 2 Debi service coverage ratio (DSCR) Profit before Interest, tax and exceptional items Finance cost+ Principal repayments (net of refinancing) made during the period for long term borrowings 3 Interest service coverage ratio (ISCR) Profit before Interest, tax and exceptional items Finance cost 4 Current ratio Current assets Current liabilities 5 Long term debt to working capital ratio Long term borrowings (including current maturities of long term borrowings) Current assets(-) Current liabilities [excluding current maturities of long term borrowings] 6 Bad debts to accounts r·eceivable ratio Bad debts Average gross trade receivables 7 Current liability ratio Current liabilities Total liabilities 8 Total debt to total assets ratio Total borrowings Total assets 9 Debtors turnover ratio Revenue from 011:erations for trailing 12 months Average gross trade receivables 10 Operating margin (%) Profit before depreciation, interest, tax and exceptional items (-) Other income Revenue from operations 11 Net profit margin(%) Net [:!roflt after tax Revenue from operations 12 Inventory turnover ratio Cost of Goods Sold Average Inventory Not material considering the size and the nature of operations of the Company

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(vii) Statement of Cash Flows: r Crore September 30, September 30, Partfculars 2026 2025 [Reviewed] [Reviewed] A. Cash flow from operating activities: Profit before exceptional Items and tax 9179.86 6471,32 Adjustments for: Dividend received (3511.13) (1836.32) Depreciation, amortisation, impairment and obsolescence 941.47 968.67 Exchange difference on items grouped under financing/investing activities (48.88) 0.29 Effect of exchange rate changes on cash and cash equivalents 81.60 (31.36) Finance costs 658.59 883,20 Interest lncome (1239.30) (811.72) (Proflt)/loss on sale of Property, plant and equipment, Investment property and Intangible assets (net) (17.03) (60.68) (Profit)/loss on sale/fair valuation of investments (net) (1107.73) (573.17) Bad debts/Allowance for expected credit loss (net) 788.56 508.32 Employee stock option-discount 7,67 26.36 others 1.73 14.51 Operating profit before working capital changes 5735.21 5559.42 Adjustments for: (lncrease)/decrease in trade and other receivables (4729.30) (3274.19) (lncrease)/decrease in inventories (519.04) (131.75) lncrease/(decrease) in trade and other payables 8474.44 5860,01 Cash generated from operations 8961.31 8013.49 Direct taxes paid (net) 11343.69 11342.16 Net cash generated from operating activities 7617.62 6671.33 B. Cash flow from Investing activities: Purchase of Property, plant and equipment, Investment property and Intangible assets (1313.98) (1436.53) Sale of Property, plant and equipment, Investment property and Intangible assets 104.20 101.57 Investment In subsidiaries, associates and joint venture companies (1231.94) (674.54) Divestment of stake In subsidiaries, associates and joint venture companies (net) 242.92 - Purchase of non-current Investments (105.00) (62.50) Sale of non-current Investments 154.00 (Purchase)/sale of current Investments (net) (6350.82) 2828.44 Change In other bank balances and cash not availabe for immediate use (2023.16) (390.17) long term deposits/loans (given) - subsidiaries, associates, joint venture companies and (236.21) (25.07) third parties long term deposits/loans repaid - subsidiaries, associates, Joint venture companies and 548.39 -third parties Short term deposits/loans (given)/repaid (net) - subsidiaries, associates, joint venture 34.00 136.00 companies and third parties Interest received 1088,71 785.10 Dividend received from subsidiaries, joint venture and associate companies 3474.71 1817.40 Dividend received on other investments 36.42 18.92 Net cash generated from! (used in) Investing activities 15577,76 3098.62 C. Cash flow from financing activities: Proceeds from issue of share capital (including share application money) [net] 4.05 6.07 Proceeds from non-currerit borrowings 500.00 500.00 Repayments of non-current borrowings - (5300.24) Proceeds/(repayments) from other borrowings (net) 2469.47 745.06 Settlement of derivative contracts related to borrowings 42.77 13.68 Interest paid on lease liability (35.11) (19.19) Repayment of lease liability (169.80) (111.75) Dividends paid (5227.77) (4676.22) Interest paid (including cash flows from interest rate swaps) '1626.14 /1026.24 Net cash used in financing activities /3042.53 19868.83 Net lncrease/(decrease) in cash and cash equivalents (A+ B + C) 11002.67 (98.88 Cash and cash equlvalents at beginning of the period 6152.25 3583.55 Effect of exchange rate changes on cash and cash equivalents 183.39 36.36 Cash and cash equivalents at end of the period 5066.19 3521.03 Notes: 1 Statement of Cash Flows has been prepared under the Indirect Method as set out in the Indian Accounting Standard (Ind AS) 7 "Statement of Cash Flows" as specified in the Companies (Indian Accounting Standards) Rules, 2015. 2 Property, plant and equipment, Investment property and Intangible assets are adjusted for movement of {a) capital work-in-progress for property, plant and equipment and investment property and (b) intangible assets under development during the period. (viii) Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods. (ix) The above financial results of the Company have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards {Ind AS) as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. These results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on October 27, 2026. The same have also been subjected to Limited Review by the Statutory Auditor. for LARSEN & TOUBRO LIMITED ' A , Mumbai ({~ _J~-~:y October 27, 2026 Chairman & Mananinn Director ~ •.'--/;iJi!'"' '"tered ;..cc0 .

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Unaudited Standalone Segment-wise Revenue, Results, Total Assets and Total Liabilltles: r Crore Quarter ended Six months ended Year ended Particulars September 30, June 30, September 30, September 30, September 30, March 31, 2026 2026 2025 2026 2025 2026 [Reviewed] [Reviewed] [Reviewed] [Reviewed] [Reviewed] [Audited] Gross segment revenue 1 Infrastructure & Utilities 21735.08 19122.59 19589.89 40857.67 39352,95 85544.12 2 Energy - Conventional 10793.00 8833.59 6776.35 19626.59 13627.06 29479,11 3 Energy - Green 7069.79 3910.50 5723.23 10980.29 9013.65 22412.75 4 Manufacturing & Products 4068,85 3811.99 2964.98 7880.84 6200,36 15186.86 5 Others 239,86 539,23 288,99 779.09 820,18 2016,89 Total 43906.58 36217.90 35343.44 80124.48 69014.20 154639.73 Less: Inter-segment revenue 323.00 193.83 227.70 516.83 427.73 959.56 Net segment revenue 43583.58 36024.07 35115.74 79607.65 68586.47 153680.17 Segment results 1 Infrastructure & Uti!ities 965,56 634.48 879.49 1600,04 1632.34 4483,50 2 Energy - Conventional 634.48 509,04 590,30 1143.52 1335.84 3010,80 3 Energy - Green 374.67 203.55 239.27 578.22 267.35 1279.57 4 Manufacturing & Products 531.31 474.99 284.05 1006.30 684.29 2151.28 5 Others 26,54 189,53 63.46 216.07 166.81 542.63 Total 2532.56 2011.59 2056.57 4544.15 4086.63 11467.78 Less: Inter-segment margins on capital jobs 18.26 8,86 18.08 27.12 27,38 48,71 Less: Finance costs 405.30 352.37 476.23 757.67 950,35 1675.42 Add: Unallocable corporate income net of expenditure 1890,61 3529.69 868.97 5420,30 3362.42 6519.30 Profit before exceptional Items and tax 3999.61 5180.05 2431.23 9179.66 6471.32 16262.95 Addl(Less): Exceptional items (loss) - - 15413.00 - (5413,00 17121.73 ProfiU(loss) before tax 3999.61 5180.05 (2981.77) 9179.66 1058.32 9141.22 Segment assets 1 Infrastructure & Utilities 83129,91 82826,01 74785,93 83129.91 74785,93 79840.45 2 Energy - Conventional 24597.92 23838.00 20029,39 24597.92 20029.39 24894,74 3 Energy - Green 9250.88 8925.64 6303.73 9250.88 6303.73 9023.04 4 Manufacturing & Products 21272.57 19365.89 15249.54 21272.57 15249.54 17229.62 5 Others 8186,89 7845.82 7362.06 8186,89 7362.06 7711.41 Total segment assets 146438.17 142801.36 123730.65 146438.17 123730.65 138699.26 Less: Inter-segment assets 721.94 716.43 1049.77 721.94 1049.77 925.79 Add: Unallocable corporate assets 76603.18 73916.03 60409.74 76603.18 60409.74 70364.77 Total assets 222319.41 216000.96 183090.62 222319.41 183090.52 208138.24 Segment llabllitles 1 Infrastructure & Utilities 62336,01 61487.54 51523.39 62336.01 51523.39 61347.23 2 Energy - Conventional 30773.76 29161.41 22042.82 30773.76 22042.82 28247.08 3 Energy- Green 13461.26 11356.21 6045.89 13461.26 6045.89 10605.91 4 Manufacturing & Products 15328.16 14231.31 11553.46 '15328.16 11553.46 13734.21 5 Others 4176.80 3788,76 3217,34 4176,80 3217,34 3787.84 Total segment liabilities 126075.99 120023.23 94382.90 126075.99 94382.90 117722.27 Less : Inter-segment liabilities 721.94 716.43 1049.77 721.94 1049.77 925.79 Add : Unallocable corporate liabilities 20046,64 22739.16 21832.36 20046,64 21832.36 16808.86 Total liabilities 145400.69 142045.96 115165.49 145400.59 115165.49 133605.34 Notes: (I) The Company has reported segment information as per Ind AS 108 "Operating Segments". The identification of operating segments Is consistent with performance assessment and resource allocation by the chief operating decision making body. (II} Effective from April 01, 2026, pursuant to the Lakshya 2031 strategic plan and the reorganisation structure, the Company has realigned its portfolio to enhance strategic focus, capital allocation efficiency and operational agility. As a result, the reporting segments are now classified as· The erstwhile Infrastructure Projects has been renamed as Infrastructure & Utilities. Erstwhile Energy Projects has been renamed as Energy- Conventio11al. The re11ewables business and offshore wind energy business have been carved out from the erstwhile Infrastructure Projects a11d erstwhile Energy Projects respectively, and are now part of newly formed Energy- Green segment. Erstwhile Hi-Tech Manufacturing has been renamed as Manufactllring and Products, and now includes construction equipment & Industrial product design & development business which was earlier part of Others segment. Accordingly, the Company has presented Its segment results based on the revised reportable segment structure and regrouped the previous periods to make ii comparable with the current periods, (111) The revised Segment composition is as follows: Infrastructure & Utllltles segment comprises engineering and construction of (a) buildings infrastructure- (i) residential, commercial buildings & factories and (ii) public spaces, airports & health, (b) transportation infrastructure, (c) heavy civil infrastructure, (d) power transmission & distribution, (e) water & effluent treatment and (f) metals and minerals. Energy- Conventional segment comprises of (a) Hydrocarbon Onshore and Offshore businesses covering EPC solutions a11d revamp/retrofit projects, in oil & gas, refineries, petrochemicals, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning, (b) Carbonllte Solutions business covering BTG scope for power generation plants including associated systems and/or carbon Cllpture utilisation & utility packages, Energy- Green segment comprises engineering and construction of renewables - solar, onshore & offshore wind projects. Manufacturing & Products segment comprises design, manufacture/construct and supply of (a) custom designed, engineered critical equipment & systems to the fertilizer, refinery, oil & gas, petrochemical, nuclear energy and green hydrogen sectors, (b) marine and land platforms including related equipment & systems and aerospace products & systems, (c) design, development and manufacture of advanced electronic systems and solutions for defence, aerospace, industrial and energy applications, (d) construction equipment & industrial product design development comprising of (I) marketing and servicing of construction equipment, mining machinery and parts thereof, (II) manufacture and sale of rubber processing machinery. Others segment includes (a} realty, (b) smart infrastructure & communication projects, and (c) a-commerce/digital platforms & data centers. {IV) Segment result represents profit before interest and tax, Unallocable corporate income includes majorly interest income, dividends and investment related gains/losses. Unallocable expenditure includes majorly corporate expenses not allocated to segments. Unallocable corporate assets comprise majorly investments. Unallocable corporate liabilities comprise majorly borrowings. (V} In respect of segments of the Company, revenue and margin do not accrue uniformly during the year. (VI} Figures for the previous periods have been regrouped/reclassified to conform to the classification of the current periods. for LARSEN & TOUBRO LIMITED ,.~\~ ilf '.'oc1AI {'. ~ --~<'"'""'r ,S,'!c> )'-~ f:·. "' ' ~ ,;. > ~· ~;\?)_~,,, Mumbai ' i ii~ S.N.SUBRAHMANYAN October 27, 2026 1, .._,; t . Chairman & Managing Director l"fore4jr'

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MSKA & Associates LLP (Former ly known as MS KA & Associates) Chartered Accountants HO 602, Floor 6, Raheja Titanium Western Express Highway, Geetanjal i Railway Colony, Ram Nagar, Goregaon (E) Mumbai 400063, INDIA Tel: +91 22 6974 0200 Independent Auditor's Review Report on consolidated unaudited financial results of Larsen & Toubro Limited for the quarter and year-to-date pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors Larsen & Toubro Limited 1. We have reviewed the accompanying statement of consolidated unaudited financial results of Larsen ft Toubro Limited (hereinafter referred to as 'the Holding Company'), its subsidiaries, (the Holding Company and its subsidiaries together referred to as the 'Group') and its share of the net profit after tax and total comprehensive income of its associates and joint ventures for the quarter ended September 30, 2026 and the year to-date results for the period froni April 01, 2026 to September 30, 2026 ('the Statement'), which includes the joint operations of the Group accounted on a proportionate basis, attached herewith, being submitted by the Holding Company pursuant to the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ('the Regulations'). 2. This Statement, which is the responsibility of the Holding Company's Management and has been approved by the Holding Company's Board of Directors, has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard 34 'Interim Financial Reporting' , prescribed under Section 133 of the Companies Act, 2013 ('the Act' ), read with relevant rules issued thereunder ('Ind AS 34' ) and other recognised accounting principles generally accepted in India and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagements (SRE) 2410, 'Review of Interim Financial Information Performed by the Independent Auditor of the Entity' issued by the Institute of Chartered Accountants of India ( 'the ICAI' ). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We also performed procedures in accordance with the circular issued by the Securities and Exchange Board of India under Regulation 33 (8) of the Regulations, to the extent applicable. 4. This Statement includes the results of the Holding Company and interim financial information of the entities listed in Annexure A. 5. Based on our review conducted and procedures performed as stated in paragraph 3 above and based on the consideration of the review reports of the other auditors referred to in paragraph 6 and 7 below, nothing has come to our attention that causes us to believe that the accompanying Statement, prepared in accordance with the recognition and measurement princip les laid down in Ind AS · 34 and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations, including the manner in which it is to be disclosed, or that it contains any material misstatement. Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MS KA 8: Associates LLP (Formerly known as M S KA & Associates) Charte red Accountants 6. We did not review the interim financial information of 11 joint operations included in the Statement, whose financial information reflects total assets of Rs. 7,421.75 crore as at September 30, 2026, total revenues of Rs. 590. 77 crore and Rs. 1,420.13 crore, total net profit after tax of Rs. 37 .22 crore and Rs. 6. 94 crore and total comprehensive income of Rs. 37 .22 crore and Rs. 6. 94 crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively and net cash outflow of Rs. (78.15) crore for the period from April 01, 2026 to September 30, 2026, as considered in the Statement. The interim financial information of these joint operations have been reviewed by the other auditors whose reports have been furnished to us by the Management of Holding Company, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these joint operations, is based solely on the reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of the above matter with respect to our reliance on the work done by and reports of the other auditors. 7. We did not review the interim financial information of 42 subsidiaries included in the Statement, whose interim financial information (before consolidation adjustments) reflects total assets of Rs. 2, 78,317.85 crore as at September 30, 2026, total revenues of Rs. 34,490.63 crore and Rs. 64,871.35 crore, total net profit after tax of Rs. 3,089.63 crore and Rs. 6,893.66 crore and total comprehensive income of Rs. 3,124.11 crore and Rs. 7,505.15 crore, for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively, and net cash inflow of Rs. 472.55 crore for the period from April 01, 2026 to September 30, 2026 as considered in the Statement. The Statement also includes the Group's share of net profit after tax of Rs. 24.26 crore and Rs. 19.12 crore and total comprehensive income of Rs. 40.28 crore and Rs. 13.41 crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 and September 30, 2026, as considered in the Statement, in respect of 2 associates and 2 joint ventures, whose interim financial information has not been reviewed by us. These interim financial information has been reviewed by other auditors whose reports have been furnished to us by the Management of Holding Company and our conclusion on the Statement, in so far as it relates to the amounts and disclosures included in respect of these subsidiaries, associates and joint ventures, is based solely on the reports of the other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of the above matter with respect to our reliance on the work done by and reports of the other auditors. 8. The Statement includes the interim financial information of 41 subsidiaries which have not been reviewed by their auditors, whose interim financial information (before consolidation adjustments) reflects total assets of Rs. 4,411.14 crore as at September 30, 2026, total revenue of Rs. 199.00 crore and Rs. 391.94 crore, total net profit after tax of Rs. 238.81 crore and Rs. 541. 98 crore and total comprehensive income of Rs. 238. 91 crore and Rs. 542.18 crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively, and net cash inflow of Rs. 13. 94 crore for the period from April 01, 2026 to September 30, 2026, as considered in the Statement. The Statement also includes the Group's share of net profit after tax of Rs. 14.77 crore and Rs. 31 .99 crore and total comprehensive income of Rs. 14. 97 crore and Rs. 33.11 crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively, as considered in the Statement, in respect of 4 associates and 7 joint ventures, based on their interim financial information which has not been reviewed by their auditors. The aforesaid interim financial information has been furnished to us by the Management of Holding Company and our conclusion on the Statement in so far as it relates to the Registered Office: 602, Raheja Titanium , West ern Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants amounts and disclosures included in respect of these subsidiaries, associates and joint ventures is based solely on such management prepared unaudited interim financial information . According to the information and explanations given to us by the Management of Holding Company, the aforesaid interim financial information is not material to the Group. Our conclusion is not modified in respect of the above matter with respect to our reliance on the financi al information certified by the Management. 9. The Statement includes the interim financial information of 23 joint operations which are not subject to review, whose interim financial information reflects total assets of Rs. 327.60 crore as at September 30, 2026, total revenue of Rs. 2.71 crore and Rs. 5.25 crore, total net (loss) after tax of Rs. (0.87) crore and Rs. (3.20) crore and total comprehensive (loss) of Rs. (0.87) crore and Rs. (3.20) crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively, and net cash inflow of Rs. 11 .80 crore for the period from April 01 , 2026 to September 30, 2026, as considered in the Statement. Our conclusion in so far as it relates to the amounts and disclosures included in respect of these joint operations, is based solely on the interim financial information as furnished by the Management of Holding Company. According to the information and explanations given to us by the Management of Holding Company, the aforesaid interim financial information of these joint operations is not material to the Group. Our conclusion is not modified in respect of the above matter with respect to our reliance on the financial information certified by the Management. For M S K A & Associates LLP (Formerly known as MS KA £t Associates) Chartered Accou~ I Firm Registr 1 ~ No.105047W/W101187 v~J~~ errtner Membership No.: 118247 UDIN: '2.G \ \ <t2.l.\~\;\I p~f,-p-' l(.~f. ~"\. Place: Mumbai Date: October 27, 2026 Registered Office: 602, Raheja Titanium , Western Express Highway, Goregaon (East), Mumbai -400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as MS KA ft Associates) Chartered Accountants Annexure A Sr. Name of Entities No Parent / Holding Company Larsen & Toubro Limited Subsidiaries 1 Hi-Tech Rock Products and Aggregates Limited 2 L&T Geostructure Private Limited 3 Larsen & Toubro (East Asia) Sdn. Bhd. 4 Larsen & Toubro CIS FE LLC 5 Larsen & Toubro (Oman) LLC 6 Larsen & Toubro Qatar LLCa 7 Larsen & Toubro Kuwait Construction General Contracting Co. WLL 8 Larsen & Toubro Saudi Arabia LLC 9 Larsen and Toubro T&D SA (Proprietary) Limited 10 PT Larsen and Toubro 11 L&T Construction Equipment Limited 12 L&T Hydrocarbon Saudi Company 13 L&T Modular Fabrication Yard LLC 14 Larsen & Toubro Electromech LLC 15 Larsen & Toubro Heavy Engineering LLca 16 Larsen Toubro Arabia LLC 17 L&T Energy Green Tech Limited 18 L&T Electrolysers Limited 19 L TM Limited (formerly known as LTIMindtree Limited) 20 LTIMindtree (Thailand) Limited 21 LTM Canada Ltd (formerly known as LTIMindtree Canada Limited) 22 L TM Consulting Brazil L TDA (formerly known as L TIMindtree Consulting Brazil Ltda.) 23 L TM Financial Services Technologies Inc. (formerly known as L TIMindtree Financial Services Technologies Inc.) 24 L TIMindtree GmbH 25 LTIMindtree Information Technology Services (Shanghai) Co., Ltd. 26 LTIMindtree Middle East FZ-LLC 27 L TIMindtree Norge AS 28 L TIMindtree PSF S.A. 29 LTM South Africa (Pty) Ltd. (Formerly known as L TIMindtree South Africa (Pty) Limited) 30 LTM A Larsen & Toubro Company AG (formerly known as LTIMindtree Switzerland AG) 31 L TM UK & Ireland Limited (Formerly known as L TIMindtree UK Limited) 32 L TM USA Inc. (Formerly known as LTIMindtree USA Inc.) 33 LTIMindtree , Sociedad De Responsabilidad Limitada De Capital Variable Registered Office: 602, Raheja Titan ium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Former ly known as M S KA & Associates) Chartered Accountants Sr. Name of Entities No 34 L TIMindtree S.A. 35 LftT Technology Services Limited 36 Graphene Solutions SDN.BHD. 37 Graphene Solutions Taiwan Limited 38 LftT Thales Technology Services Private Limited 39 LftT Technology Services (Canada) Limited 40 LftT Technology Services (Shanghai) Co. Limited 41 LftT Technology Services LLC 42 LftT Technology Services Poland sp. Z o.o. 43 LftT Technology Services Pte. Ltd. 44 lntelliswift Software Inc 45 lntelliswift Software (India) Private Limited 46 lntelliswift Software (Hungary) Kft 47 lntelliswift Software (Costa Rica) Limitada 48 lntelliswift Software (Canada) Inc 49 Global lnfotech Corporation 50 P. Murphy ft Associates Inc 51 LftT Semiconductor Technologies Limited 52 LftT Finance Limited 53 Lft T Financial Consultants Limited 54 Lft T Infra Investment Partners 55 LftT Infra Investment Partners Advisory Private Limited 56 LftT Infra Investment Partners Trustee Private Limited 57 Lft T Metro Rail (Hyderabad) Limited 58 Lft T Power Development Limited 59 LftT Himachal Hydropower Limited 60 Nabha Power Limited 1 61 Bangalore Galaxy Techpark Private Limited 62 Business Park (Powai) Private Limited 63 Chennai Nova Techpark Private Limited 64 Chennai Vision Developers Private Limited 65 Corporate Park (Powai) Private Limited 66 Elevated Avenue Realty LLP 67 Elante Properties Private Limited 68 LftT Realty Developers Limited 69 L&T Realty Properties Limited 70 Lft T Westend Project LLP 71 LH Residential Housing Private Limited 72 LH Uttarayan Premium Realty Private Limited Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kechi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as MS KA ft Associates) Chartered Accountants Sr. No 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 1 2 3 4 5 6 1 2 3 4 5 6 7 Name of Entities Millennium Techpark (Chennai) Private Limited Prime Techpark (Chennai) Limit ed L&T Valves Arabia Manufacturing LLC L&T Valves Limited L& T Valves USA LLC Bhilai Power Supply Company Limited L&T Aviation Services Private Limited L&T Capital Company Limited L&T Global Holdings Limited Larsen & Toubro International FZE L& T Network Services Private Limited L&T Special Steels and Heavy Forgings Private Limited L& T Green Energy Kand la Private Limited Panipat Green Hydrogen Private Limited L TIM Aramco Digital Solutions for Information Technology Company L&T Offshore Marine Private Limited (Formerly known as L&T Sapura Shipping Privat e Limit ed) SuFin Limited L&T Energy Offshore Wind B.V Internationa l Green Scapes Limited b Vyoma.AI Limited c L TN Compute Private Limit ede LTA Data Centres Private Limitede Associates Gujarat Leather Industries Limited a L&T Camp Facilities LLca Larsen & Toubro Qatar & HBK Contracting Co. WLLa Magtorq Private Limited E2E Networks Limited Sovcloud Technologies Limited d Joint Ventures L&T-MHI Power Boilers Private Limited L&T-MHI Power Turbine Generators Private Limit ed L&T Howden Private Limited L&T-Sargent & Lundy Limited L& T MBDA Missile Systems Limited GH4India Private Limited Raykal Aluminium Company Private Limited Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, I ndia Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as M S KA & Associates) Chartered Accountants Sr. Name of Entities No 8 lndiran Engineering Projects and Systems Kish PJSC 9 Hydrocarbon Arabia Limited Company Joint Operations 1 Aktor- Larsen & Toubro-Yapi Merkezi-STFA-Al Jaber Engineering Joint Venture 2 Al Balagh Trading & Contracting Co W.L.L- L&T Joint Venture 3 Civil Works Joint Venture 4 DAEWOO and L& T Joint Venture 5 HCC - L&T Purulia Joint Venture 6 International Metro Civil Contractors Joint Venture 7 L&T - AM Tapovan Joint Venture 8 L&T - Hochtief Seabird Joint Venture 9 L& T - PCIPL JV 10 L&T - Powerchina JV 11 L&T - Tecton JV 12 L&T- lnabensa JV 13 L&T- ISDPL JV 14 L&T-Delma Mafraq Joint Ventur e 15 L&T-IHI Consortium 16 L&T-Shanghai Urban Construction (Group) Corporation Joint Venture 17 L&T-Shanghai Urban Construction (Group) Corporation Joint Venture CC27 Delhi 18 L&T-STEC JV Mumbai 19 Larsen & Toubro Limited & NCC Limited Joint Venture 20 Larsen & Toubro Ltd - Passavant Energy & Environment JV 21 Larsen and Toubro Limited-Scomi Engineering BHD Consortium-O&M Joint Venture 22 Larsen and Toubro Limited-Scomi Engineering BHD Consortium-Residual Joint Works Joint Venture 23 Larsen and Toubro Limited -Shapoorji Pallonji & Co. Ltd . Joint Venture 24 LTH Milcom Private Limited 25 Metro Tunneling Chennai-L&T Shanghai Urban Construction (Group) Corporation Joint Venture 26 Metro Tunneling Delhi-L&T Shanghai Urban Construction (Group) Corporation Joint Venture 27 Metro Tunneling Group 28 Hafeet Rail SPC 29 Larsen & Toubro Ltd - Passavant Energy & Environment JV O&M 30 Ras Mohaisen Independent Water Project 31 Bauer - L&T Geo Joint Venture 32 Larsen Toubro Arabia LLC - Subsea Seven Saudi Company Ltd. 33 Riyadh Metro Line 2 project 34 Dubai HSR JV Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coi mbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants Symbol a b C d e f Explanation to Symbol The entities are in the process of liquidation. Acquired on April 13, 2026 Incorporated on April 22, 2026 Incorporated on June 17, 2026 Incorporated on June 20, 2026 Divested w.e.f. June 25, 2026 Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MSKA & Associates LLP (Formerly known as MS KA Et Associates) Chartered Accountants HO 602, Floor 6, Raheja Titanium Western Express Highway, Geeta njali Railway Colony, Ram Nagar, Goregaon (E) Mumbai 400063, INDIA Tel: +91 22 6974 0200 Independent Auditor's Review Report on standalone unaudited financial results of Larsen & Toubro Limited for the quarter and year-to date pursuant to Regulation 33 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended. To The Board of Directors of Larsen & Toubro Limited 1. We have r~viewed the accompanying statement of standalone unaudited financial results of Larsen & Toubro Limited (hereinafter referred to as 'the Company'}, which includes the joint operations accounted on proportionate basis for the quarter ended September 30, 2026 and the year-to-date results for the period from April 01, 2026 to September 30, 2026 ('the Statement') attached herewith , being submitted by the Company pursuant to the requirements of Regulation 33 and Regulation 52 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended ('the Regulations'). 2. This Statement, which is the responsibility of Company's Management and has been approved by the Company's Board of Directors, has been prepared in accordance with t~,e r12cognition and measurement principles laid down in Indian Accounting Standard 34 ' Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 ('the Act' ), read with relevant rules issued thereunder ('Ind AS 34' ), and other recognised accounting principles generally accepted in India, and is in compliance with the Regulations. Our responsibility is to express a conclusion on the Statement based on our review. 3. We conducted our review of the Statement in accordance with the Standard on Review Engagement (SRE) 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity" issued by the Institute of Chartered Accountants of India ('ICAI'). A review of interim financial information consists of making inquiries, primarily of persons responsible for financial and accounting matters, and appiying analytical and other review procedures. A review is substantially less in scope than an audit conducted in accordance with Standards on Auditing specified under Section 143(10) of the Act and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit. Accordingly, we do not express an audit opinion. We have also performed procedures in accordance with the circular issued by the SEBI under regulation 33(8) of listing regulation, to the extent applicable. 4. The Statement includes interim financial information of the joint operations list ed in Annexure A. 5. Based on our review conducted as stated in paragraph 3 above and based on the consideration of the review reports of other auditors referred to in paragraph 6 below, nothing has come to our attention that causes us to believe that the accompanying Statement prepared in accordance with the recognition and measurement principles laid down in Ind AS 34 and other recognised accounting principles generally accepted in India, has not disclosed the information required to be disclosed in terms of the Regulations including the manner in which it is to be disclosed, or that it contains any material misstatement. Registered Office : 602, Raheja Titan ium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 J LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kechi I Kolkata I Pune www.mska .in

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MSKA & Associates LLP (Formerly known as MS KA & Associates) Chartered Accountants 6. We did not review the interim financial information of 10 joint operations included in the Statement, whose financial information reflects total assets of Rs. 7,368.00 crore as at September 30, 2026, total revenues of Rs. 590. 77 crore and Rs. 1,420.13 crore, total net profit after tax of Rs. 37 .23 crore and Rs. 6.95 crore and total comprehensive income of Rs. 37.23 crore and Rs. 6.95 crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively, and net cash outflow of Rs. (78.15) crore for the period from April 01, 2026 to September 30, 2026, as considered in the Statement. The aforesaid interim financial information of these joint operations have been reviewed by the other auditors whose reports have been furnished to us by the Management of the Company, and our conclusion in so far as it relates to the amounts and disclosures included in respect of these joint operations, is based solely on the reports of such other auditors and the procedures performed by us as stated in paragraph 3 above. Our conclusion is not modified in respect of the above matter with respect to our reliance on the work done by and reports of the other auditors. 7. The Statement includes the interim financial information of 22 joint operations which are not subject to review, whose interim financial information reflects total assets of Rs. 311.27 crore as at September 30, 2026, total revenue of Rs. 2.71 crore and Rs. 5.25 crore, total net (loss) after tax of Rs. (0.97) crore and Rs. (3.40) crore and total comprehensive (loss) of Rs. (0.97) crore and Rs. (3.40) crore for the quarter ended September 30, 2026 and for the period from April 01, 2026 to September 30, 2026 respectively and net cash inflow of Rs. 11.68 crore for the period from April 01 , 2026 to September 30, 2026, as considered in the Statement. The aforesaid interim financial information has been furnished to us by the Management of the Company and our conclusion on the Statement in so far as it relates to the amounts and disclosures included in respect of these joint operations is based solely on such management prepared unaudited interim financial information. According to the information and explanations given to us by the Management, the aforesaid interim financial information of these joint operations is not material to the Company. Our conclusion is not modified in respect of the above matter with respect to our reliance on the financial information certified by the Management. For M 5 KA & Associates LLP (Formerly known as M S KA ft Associates) Chartered Accounta L C ' Firm Registrati n No 105047W /W101187 ~ ~\~ ishal Vil Divadka/ Partner Membership No.: 118247 UDIN: 2.6 \ \t,Ql.\';f-\Y\6Gg,~t ·H\!3,S' Place: Mumbai Date: October 27, 2026 Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: + 91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I C handigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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MS KA & Associates LLP (Formerly known as MS KA ft Associates) Chartered Accountants Annexure A Sr. No 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 Name of Entities The Company Larsen & Toubro Limited List of Joint Operations Aktor- Larsen & Toubro-Yapi Merkezi-STFA-Al Jaber Engineering Joint Venture Al Balagh Trading & Contracting Co W.L.L- L&T Joint Venture Civil Works Joint Venture DAEWOO and L&T Joint Venture HCC - UH Purulia Joint Venture Internatio nal Metro Civil Contractors Joint Venture L&T - AM Tapovan Joint Venture L&T - Hochtief Seabird Joint Venture L&T - PCIPL JV L&T - Powerchina JV L&T - Tecton JV L& T- lnabensa JV L& T- ISDPL JV L&T-Delma Mafraq Joint Venture L&T-IHI Consortium L&T-Shanghai Urban Construction (Group) Corporation Joint Venture L&T-Shanghai Urban Construction (Group) Corporation Joint Venture CC27 Delhi L&T-STEC JV Mumbai Larsen & Toubro Limited ft NCC Limited Joint Venture Larsen ft Toubro Ltd - Passavant Energy ft Environment JV Larsen and Toubro Limited-Scomi Engineering BHD Consortium-OftM Joint Venture Larsen and Toubro Limit ed-Scomi Engineering BHD Consortium-Residual Joint Works Joint Venture Larsen and Toubro Limited-Shapoorji Pallonji ft Co. Ltd. Joint Venture L TH Milcom Private Limited Metro Tunneling Chennai-L&T Shanghai Urban Construction (Group) Corporation Joint Venture Metro Tunneling Delhi-L&T Shanghai Urban Construction (Group) Corporation Joint Venture Metro Tunneling Group Hafeet Rail SPC Larsen ft Toubro Ltd - Passavant Energy ft Enviro nment JVOftM Riyadh Metro Line 2 Project Dubai HSR JV Ras Mohaisen Independent Water Project Registered Office: 602, Raheja Titanium, Western Express Highway, Goregaon (East), Mumbai-400063, Maharashtra, India Tel: +91 22 6974 0200 I LLPIN: ACT-3789 Ahmedabad I Bengaluru I Chandigarh I Chennai I Coimbatore I Goa I Gurugram I Hyderabad I Kochi I Kolkata I Pune www.mska.in

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A. Statement of utilization of issue proceeds: Name of the Issuer ISIN Mode of Fund Raising (Public issues/ Private placement) Type of instrument Date of raising funds Amount Raised (Rs. Crores) Funds utilized (Rs. Crores) Any deviation (Yes/ No) If 8 is Yes, then specify the purpose of for which the funds were utilized Remarks, if any 1 2 3 4 5 6 7 8 9 10 Larsen & Toubro Limited INE018A08BO8 Private Placement Non-convertible Debentures September 9, 2026 500 500 No NA None B. Statement of deviation/ variation in use of Issue proceeds: Particulars Remarks Name of listed entity Larsen & Toubro Limited Mode of fund raising Private placement Type of instrument Tokenised Non-Convertible Debentures (Demat 2.0) Date of raising funds September 9, 2026 Amount raised Rs. 500 crores Report filed for quarter ended September 30, 2026 Is there a deviation/ variation in use of funds raised? No Whether any approval is required to vary the objects of the issue stated in the prospectus/ offer document? No If yes, details of the approval so required? NA Date of approval NA Explanation for the deviation/ variation NA Comments of the audit committee after review NA Comments of the auditors if any NA Annexure Ill

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Objects for which funds have been raised and where there has been a deviation/ variation, in the following table: Original objects of the Issue Modified object, if any Original allocation Modified allocation, if any Funds utilised Amount of deviation/ variation for the quarter according to applicable object (in Rs. crore and in %) Remarks, if any The utilization of proceeds is broadly earmarked for each of the objects of the Issue as set out below, subject to temporary investment until deployed: Bona fide purposes in the normal course of business of the Company/issuer: up to 100%. However, the Issuer shall not use the issue proceeds towards investment in capital markets and land acquisition or any other purpose ineligible for bank finance by the Reserve Bank of India. NA Rs. 500 Crores NA Rs. 500 Crores NIL - Deviation could mean: a. Deviation in the objects or purposes for which the funds have been raised. b. Deviation in the amount of funds actually utilized as against what was originally disclosed. For LARSEN & TOUBRO LIMITED SUBRAMANIAN NARAYAN COMPANY SECRETARY & COMPLIANCE OFFICER (ACS 16354) Date: 27th October 2026 ÒßÎßÇßÒ ÍËÞÎßÓßÒ×ß Ò Ü·¹·¬¿´´§ ·¹²»¼ ¾§ ÒßÎßÇßÒ ÍËÞÎßÓßÒ×ßÒ Ü¿¬»æ îðîêòïðòîé ïéæðïæîê õðëùíðù

Interim report

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Interim report

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