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Mumbai, May 5 (IANS) Larsen and Toubro (L&T) on Tuesday reported a 3 per cent decline in consolidated net profit for the March quarter (Q4 FY26).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 cr…