Real estate arm of the $32 billion multinational conglomerate Larsen & Toubro (L&T), L&T Realty is looking to expand across key markets beyond Mumbai while strengthening its commercial portfolio as a source of recurring income. Anupam Kumar, chief executive officer and managing director, told Prachi Pisal in Mumbai that the consolidation of all of L&T’s property assets will create a unified, future-ready real estate entity, with a steady pipeline offering 12 quarters of visibility. Edited excerpts:
How was 2026-7 (FY27) first quarter (April-June/Q1) for L&T Realty?
Q1FY27 was broadly in line with our expectations and reflected steady performance. In 2025-26, we achieved an important milestone of ~10,000 crore in presales on the back of several successful launches. While the first half of the year is expected to be measured, we foresee stronger momentum in the third quarter (October-December/Q3) and Q4, supported by several large launches.
