Home / Business and Economy / L&T's Q4 Profit Dips 3%, Order Book Hits Record High
L&T's Q4 Profit Dips 3%, Order Book Hits Record High
5 May
Summary
- Consolidated net profit declined by 3% YoY to Rs 5,326 crore in Q4.
- The company's consolidated order book reached an all-time high of Rs 7,40,327 crore.
- L&T plans to divest stakes in Nabha Power and L&T Metro Rail by June 30.
Larsen and Toubro (L&T) announced a 3% year-on-year decrease in its consolidated net profit for the fourth quarter, reaching Rs 5,326 crore. This financial performance was announced alongside a strong showing in its order book, which climbed to an all-time high of Rs 7,40,327 crore, reflecting a 28% increase from the previous year. International orders constituted a significant 67% of total quarterly inflows.
The company's consolidated revenues for the quarter ended March 2026 grew by 11% year-on-year to Rs 82,762 crore, with international revenue making up 53% of this total. EBITDA saw a 5% YoY rise to Rs 8,610 crore, bolstered by robust execution across its engineering segments and growing contributions from its services businesses.
L&T has recommended a final dividend of Rs 38 per share, with May 22 designated as the record date. The company also affirmed its strategic direction by indicating plans to complete the divestment of its stakes in Nabha Power Ltd and L&T Metro Rail (Hyderabad) by June 30, thereby exiting non-core concessions.
Looking forward, L&T is embarking on its 'Lakshya'31' strategic cycle, prioritizing areas such as AI adoption, digital infrastructure, data centers, green energy, and semiconductor technologies, signaling a focus on future growth sectors.
