Larsen & Toubro (L&T) announced a year of robust performance for the fiscal year ended March 31, 2026. The company achieved record group order inflows of ₹435,590 crore, a 22% increase, and reported a 12% rise in revenues to ₹285,874 crore. Recurring Profit After Tax (PAT) grew by 18% to ₹17,238 crore. The Board has recommended a final dividend of ₹38 per equity share.
Financial Milestones and Dividend Recommendation
The company delivered a strong fiscal year performance, with group order inflows reaching an all-time high of ₹435,590 crore. Consolidated revenues touched ₹285,874 crore, reflecting a 12% year-on-year growth. Following these results, the Board of Directors has recommended a final dividend of ₹38 per equity share (face value of ₹2 each), with May 22, 2026, set as the record date for entitlement.
Strategic Progress and Lakshya’26
As the final year of the Lakshya’26 plan concludes, the company has successfully met most of its strategic targets, including strong order book growth and the planned exit from non-core business segments such as Nabha Power and L&T Metro Rail (Hyderabad). The company is now initiating its new 5-year journey, Lakshya’31, which focuses on AI and digital technologies, data centers, green energy, and semiconductor technologies.
Leadership Updates
The Board has announced key leadership appointments to steer the company’s future growth. Mr. Vijay Sankar has been appointed as a Non-Executive, Independent Director for a 5-year term effective May 27, 2026. Additionally, Mr. P. Ramakrishnan will assume the role of Chief Financial Officer effective July 1, 2026, succeeding Mr. R. Shankar Raman, who will continue his tenure as President and Whole-time Director – Finance.
Segment Performance Highlights
The company’s diverse portfolio showed significant resilience. The Infrastructure Projects segment, a key revenue driver, registered a 15% order inflow growth. The Energy Projects segment achieved ₹136,921 crore in orders, a 56% growth driven by the Hydrocarbon and CarbonLite Solutions businesses. The IT & Technology Services segment continued its steady performance, recording ₹53,497 crore in revenues, reflecting a 12% year-on-year increase.
Source: BSE
