L&T Q4 FY26 Results: Profit Slips 3% To ₹5,326 Crore; ₹38 Dividend Announced; Shares Fall

By Kotak News Desk
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06 May 2026 at 11:37 AM IST
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Market News
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Summary

Larsen & Toubro reported a 3% YoY decline in Q4 FY26 profit to ₹5,326 crore, while revenue and order inflows remained strong. The company also announced a final dividend of ₹38 per share and maintained a healthy growth outlook backed by a record order book.

Larsen & Toubro reported a marginal dip in profit for the March quarter, even as revenue and order inflows remained strong. After the news broke out, L&T shares lost more than 3% to trade at ₹3,929.40 each on Wednesday, 10:20 AM.

The company posted a consolidated net profit of ₹5,325.6 crore for Q4 FY26, down about 3% from ₹5,497.3 crore in the same quarter last year. The decline was largely due to a high base created by one-time gains in the previous year. On a sequential basis, however, profit rose sharply by 65.6% from ₹3215.11 crore as of the December quarter.

Revenue from operations increased 11% year-on-year to ₹82,762 crore from ₹74,392.28 crore in Q4 FY25, supported by steady execution across projects.

Strong Order Inflows, Record Order Book

The company's order inflow for the quarter stood at ₹89,772 crore. During the quarter, the company secured several large orders across sectors. These included commercial and residential buildings, roads and runways, urban transport, transmission and distribution, and hydrocarbon onshore.

International orders came in at ₹59,994 crore for the quarter. They made up 67% of the total order inflow.

The company’s total order book reached a record ₹7.4 lakh crore at the end of FY26, reflecting strong visibility for future growth.

Margins Under Pressure

Operating profit rose modestly, but margins saw some compression. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) came in at ₹8,610 crore, while margins declined to 10.4% in Q4 FY26 from 11% a year ago.

Dividend Details

The board has recommended a final dividend of ₹38 per share for FY26.

The payout depends on the shareholders' consent during the annual general meeting scheduled for 10 June, while 22 May has been set as the record date.

Also Read - NSE Q4 FY26 Results: Reports ₹2,871 Crore Profit As Trading Volumes Jump

Management Outlook

Management indicated that while global uncertainties continue to impact trade flows, domestic demand and government-led spending remain supportive.

The company said it will continue focusing on execution, cost efficiency, and disciplined capital allocation, while leveraging digital and artificial intelligence (AI)-led initiatives.

Sources:

Livemint

Moneycontrol

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