L&T Q4 Profit Dips 3% to Rs 5,326 Crore, Revenue Up 11%

Larsen & Toubro reported a 3% decline in Q4 consolidated net profit to Rs 5,326 crore, impacted by a high base effect from last year's exceptional gain. Revenue grew 11% to Rs 82,762 crore, with international revenues contributing 53% of the total. The company achieved a record order book of Rs 7.4 lakh crore, providing strong future growth visibility. The board recommended a final dividend of Rs 38 per share for FY26.

Key Points: L&T Q4 Profit Falls 3% to Rs 5,326 Crore, Revenue Rises 11%

  • Net profit down 3% to Rs 5,326 crore due to high base effect
  • Revenue up 11% to Rs 82,762 crore
  • Record order book of Rs 7.4 lakh crore, up 28%
  • Board recommends final dividend of Rs 38 per share
2 min read

Larsen & Toubro Q4 profit slips 3 pc to Rs 5,326 crore

Larsen & Toubro Q4 net profit slips 3% to Rs 5,326 crore on high base effect. Revenue up 11% to Rs 82,762 crore. Record order book of Rs 7.4 lakh crore.

"The company ended the year on a strong note with broad-based performance across its businesses - L&T Management"

Mumbai, May 5

Larsen and Toubro on Tuesday reported a 3 per cent decline in consolidated net profit for the March quarter.

The engineering and construction major posted a consolidated net profit of Rs 5,326 crore for Q4 FY26, down 3 per cent from Rs 5,497 crore in the year-ago period (Q4 FY25), according to its stock exchange filing.

The decline was largely attributed to a high base effect, as the corresponding quarter last year included an exceptional gain of Rs 475 crore.

Revenue for the quarter rose 11 per cent year-on-year to Rs 82,762 crore, driven by steady execution across segments.

International revenues stood at Rs 43,747 crore, accounting for 53 per cent of the total, as per its regulatory filing.

Operational performance remained stable, with EBITDA increasing 5 per cent to Rs 8,610 crore.

However, margins moderated to 10.4 per cent from 11 per cent a year earlier due to cost pressures and changes in execution mix.

Recurring profit after tax came in at Rs 5,289 crore, registering a 5 per cent increase over the previous year.

Order inflows during the quarter remained robust at Rs 89,772 crore, with international orders contributing a significant 67 per cent share.

The company's consolidated order book reached a record Rs 7,40,327 crore as of March 31, 2026, marking a 28 per cent rise year-on-year and providing strong visibility for future growth.

For the full financial year FY26, L&T reported a 22 per cent increase in order inflows to Rs 4,35,590 crore, while revenue grew 12 per cent to Rs 2,85,874 crore.

The board has recommended a final dividend of Rs 38 per share, subject to shareholder approval.

Management said the company ended the year on a strong note with broad-based performance across its businesses and reiterated its focus on international opportunities, technology-driven growth, and disciplined capital allocation.

- IANS

Share this article:

Reader Comments

J
James A
Profit dip of 3% is a bit of a letdown, but revenue growing 11% and strong order book suggests long-term health. However, I wonder if the margins slipping from 11% to 10.4% is a trend to watch. L&T is a bellwether for Indian engineering, but cost pressures are real.
P
Priya S
Good to see international revenues contributing 53% — shows Indian companies are going global. But shouldn't we be concerned that 67% of new orders are from abroad? If global economy slows, L&T could be vulnerable. Need more domestic projects in railways, metro, and smart cities to keep momentum. 🇮🇳
V
Vikram M
L&T is a classic Indian engineering giant. Profit dip due to base effect is just accounting noise. The real story: revenue up 11%, order book at record high, technology-driven growth. Management is disciplined — they've navigated cost pressures well. Final dividend of ₹38 is a nice bonus for long-term shareholders. Kya baat hai!
L
Lisa P
Margins dipping to 10.4% is a yellow flag. With steel and cement prices still volatile, construction companies will feel the pinch. L&T's order book diversification is smart, but investors should watch Q1 FY27 numbers closely. The high base argument only goes so far...

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

Leave a Comment

Minimum 50 characters 0/50