Larsen and Toubro (L&T) announced a 3% decrease in consolidated net profit for the March quarter of FY26. The company’s net profit fell to Rs 5,326 crore from Rs 5,497 crore in the same period last year. This decline was mainly due to a high base effect, with the previous year’s quarter benefiting from an exceptional gain of Rs 475 crore.
Revenue for the quarter increased by 11% year-on-year to reach Rs 82,762 crore, driven by consistent performance across various segments. International revenues accounted for 53% of the total, amounting to Rs 43,747 crore as per regulatory filings.
Despite a 5% rise in EBITDA to Rs 8,610 crore, the company experienced a slight decrease in margins from 11% to 10.4% compared to the previous year. This was attributed to cost pressures and changes in the execution mix. The recurring profit after tax saw a 5% growth, reaching Rs 5,289 crore.
Order inflows remained strong at Rs 89,772 crore during the quarter, with international orders contributing significantly at 67%. L&T’s consolidated order book hit a record high of Rs 7,40,327 crore as of March 31, 2026, marking a 28% increase year-on-year and indicating a positive outlook for future growth.
In the full financial year FY26, L&T recorded a 22% surge in order inflows to Rs 4,35,590 crore, while revenue saw a 12% growth to Rs 2,85,874 crore. The board proposed a final dividend of Rs 38 per share, pending shareholder approval.
Management highlighted a strong finish to the year with robust performance across all business sectors. The company emphasized its commitment to international opportunities, technology-driven expansion, and prudent capital allocation strategies.
