Larsen & Toubro (L&T) delivered a robust performance for the financial year ended March 31, 2026, achieving record consolidated order inflows of ₹4,35,590 crore, a 22% year-on-year increase. Consolidated revenues grew 12% to ₹2,85,874 crore, while recurring profit after tax surged 18% to ₹17,238 crore. The Board has recommended a final dividend of ₹38 per equity share, reflecting the company’s strong operational execution and diversified global presence.
Annual Financial Highlights
The company concluded the fiscal year with strong momentum, driven by a diversified business portfolio. Total consolidated revenue reached ₹2,85,874 crore, marking a 12% growth compared to the previous year. Recurring profit after tax (PAT) saw an 18% year-on-year increase to ₹17,238 crore. The consolidated order book reached an all-time high of ₹7,40,327 crore, reflecting a 28% growth over March 2025.
Segment-wise Performance
L&T’s diverse segments contributed significantly to this growth:
- Infrastructure Projects: Recorded an order inflow of ₹1,99,064 crore, representing 15% year-on-year growth.
- Energy Projects: Achieved a robust 56% growth in orders with ₹1,36,921 crore in inflows, buoyed by major wins in Hydrocarbon and CarbonLite solutions.
- IT & Technology Services: Reported revenue of ₹53,497 crore, a 12% increase, with 92% of revenues derived from international billing.
- Financial Services: Experienced 14% growth in income, with the retail loan book growing 25% to ₹1,21,728 crore.
Strategic Developments and Dividend
The Board of Directors has recommended a final dividend of ₹38 per equity share for the face value of ₹2, with a record date fixed for May 22, 2026. As the company concludes its ‘Lakshya ’26’ plan, management announced the transition to a new 5-year strategy, ‘Lakshya ’31’, which will focus on AI, digital transformation, green energy, and semiconductor technologies.
Leadership Changes
The Board has approved key organizational updates, including the appointment of Mr. Vijay Sankar as a Non-Executive, Independent Director for a 5-year term. Additionally, Mr. R. Shankar Raman has been re-appointed as President and Whole-time Director – Finance until September 2028. From July 1, 2026, Mr. P. Ramakrishnan will assume the role of Chief Financial Officer, succeeding Mr. Shankar Raman.
Source: BSE
