Larsen & Toubro Q4 Results: Net Profit Declines 3% Year-Over-Year Amid Revenue Growth and Record Order Book

Larsen & Toubro Reports 3 Percent Decline in Consolidated Net Profit for Q4 FY26

Engineering and construction major Larsen & Toubro reported a 3 percent year-on-year decline in consolidated net profit for the fiscal fourth quarter, despite maintaining healthy revenue growth and robust order inflows. The company posted a consolidated net profit of Rs 5,326 crore for Q4 FY26, compared with Rs 5,497 crore in the year-ago period. The decline was largely due to a high base, as the corresponding quarter last year included an exceptional gain of Rs 475 crore.

L&T's Consolidated Revenue Rises 11 Percent on-Year

L&T's consolidated revenue for the quarter rose 11 percent on-year to Rs 82,762 crore, driven by steady execution across businesses. International revenues stood at Rs 43,747 crore, contributing 53 percent of total revenue.

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Revenue Comparison

Operationally, EBITDA for the quarter increased 5 percent year-on-year to Rs 8,610 crore, though margins moderated to 10.4 percent from 11 percent a year ago, reflecting cost pressures and execution mix. The company’s recurring profit after tax stood at Rs 5,289 crore, up 5 percent year-on-year.

Order inflows during the quarter came in at Rs 89,772 crore, with international orders contributing 67 percent, highlighting strong overseas traction. The consolidated order book stood at a record Rs 7,40,327 crore as of March 31, 2026, up 28 percent on-year, providing strong revenue visibility.

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Order Inflows Comparison

For the full year, order inflows rose 22 percent to Rs 4,35,590 crore, while revenue grew 12 percent to Rs 2,85,874 crore.

The board recommended a final dividend of Rs 38 per share for FY26, subject to shareholder approval.

Management said the company closed the year on a strong note with broad-based performance across segments and highlighted continued focus on international opportunities, technology-led growth, and capital discipline.