L&T Q4 FY26 Results: Profit Down 3% YoY to ₹5,326 Crore, ₹38 Dividend Announced
Larsen & Toubro Q4 FY26 results: Revenue rises 11% YoY to ₹82,762 crore, PAT dips 3% to ₹5,326 crore. Company announces ₹38 per share dividend and reports record order book growth.
Quick Summary
L&T Q4 FY26 Results: Consolidated revenue from operations rose 11.25% YoY and 15.84% QoQ to ₹82,762.18 crore, while total income came in at ₹84,340.76 crore. Consolidated PAT stood at ₹5,326 crore. The board declared a final dividend of ₹38 per share, up from ₹34 last year.
On 5 May, Larsen & Toubro delivered a steady operational performance for the quarter ended March 31, 2026, with revenue growth remaining strong despite a decline in net profit.
L&T Q4 FY26 Results Highlights
| Metric | Q4 FY26 | Q3 FY26 | QoQ % | Q4 FY25 | YoY % |
| Revenue from Ops (₹ Cr) | 82,762.18 | 71,449.70 | +15.84% | 74,392.28 | +11.25% |
| Total Income (₹ Cr) | 84,340.76 | 72,880.74 | +15.72% | 75,527.33 | +11.67% |
| EBITDA (₹ Cr) | 8,610.28 | 7,416.81 | +16.09% | 8,202.54 | +4.97% |
| EBITDA Margin % | 10.40% | 10.38% | +0.02 pp | 11.03% | −0.63 pp |
| Consolidated PAT — owners (₹ Cr) | 5,325.60 | 3,215.11 | 65.64% | 5,497.26 | −3.12% |
Source: Company Filing
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Consolidated revenue from operations came in at ₹82,762.18 crore in Q4 FY26, up 11.25% from Q4 FY25.
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Total income for the quarter stood at ₹84,340.76 crore, up 15.72% from Q3 FY26. Year-on-year, total income grew 11.67%.
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EBITDA stood at ₹8,610.28 crore in Q4 FY26. That is up 16.09% from Q3 FY26. Year-on-year, EBITDA rose 4.97%.
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EBITDA margin for Q4 FY26 came in at 10.40%, broadly flat against 10.38% in Q3 FY26 and down 63 basis points from Q4 FY25.
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Consolidated net profit after tax for Q4 FY26 stood at ₹5,325.60 crore, down 3.11% from Q4 FY25. The decline is entirely attributable to a base effect Q4 FY25 included an exceptional gain of ₹475 crore, while Q4 FY26 had an exceptional item of only ₹36 crore.
L&T Q4 FY26 Order Book
Larsen & Toubro (L&T) reported consolidated order inflows of ₹89,772 crore for the quarter ended 31 March 2026. The company secured several large orders across key segments such as commercial and residential buildings, roads and runways, urban transport, transmission and distribution, and hydrocarbon onshore.
International orders came in at ₹59,994 crore, accounting for 67% of the total inflows.
As of FY26, L&T’s consolidated order book reached an all-time high of ₹7,40,327 crore, marking a 28% increase compared to March 2025.
L&T Dividend and Stock Performance
The board has recommended a final dividend of ₹38 per equity share (face value ₹2) for FY2025–26. Record date for the dividend is 22 May 2026. This is higher than last year’s dividend of ₹34 per share, reflecting an increase of ₹4 per share or 11.76%.
Over the past one year (May 2025 to May 2026), Larsen & Toubro shares have delivered a positive return of around 22%, while on a year-to-date basis, the stock has remained largely flat.