Larsen & Toubro

500510 · BSE · INR

₹3,685.50

Close · October 1, 2026

At a glance

Revenue growth: +12.24%; FY to Mar 2026 vs FY to Mar 2025
Net income growth: +6.96%; FY to Mar 2026 vs FY to Mar 2025
Net margin: 5.5%; FY to Mar 2025: 5.8%

Financial data

Amounts in millions of INR; per-share values in INR; shares in millions.

Income statement · Annual
Item	FY to Mar 2026	FY to Mar 2025	FY to Mar 2024	FY to Mar 2023	FY to Mar 2022	FY to Mar 2021	FY to Mar 2020	FY to Mar 2019	FY to Mar 2018	FY to Mar 2017
Total revenue	2,916,180	2,598,063	2,251,890	1,861,940	1,587,506	1,393,264	1,478,266	1,370,270	1,209,525	1,106,300
Cost of revenue	1,839,923	1,647,962	1,412,146	1,134,006	973,809	872,385	980,062	961,384	836,115	778,002
Gross profit	1,076,257	950,101	839,744	727,934	613,697	520,879	498,204	408,886	373,410	328,298
Selling, general and administrative	727,309	645,035	564,047	491,868	409,358	331,164	311,171	237,523	224,302	203,811
Operating income	305,551	264,161	239,035	202,369	175,161	161,776	162,794	154,087	132,433	106,168
EBIT	305,551	264,161	239,035	202,369	175,161	161,776	162,794	154,087	132,433	106,168
EBITDA	339,165	297,044	268,392	231,496	199,981	185,332	183,699	171,414	149,163	124,567
Interest expense	28,469	33,308	35,365	31,777	30,554	39,045	27,233	17,527	15,111	12,705
Pre-tax income	274,927	230,900	204,009	168,788	145,262	122,502	135,029	137,143	112,033	84,921
Income tax	68,164	58,914	49,474	44,842	42,039	40,108	32,632	40,671	31,989	20,066
Net income	160,840	150,371	130,591	104,707	86,693	115,829	95,490	89,051	73,699	60,412
Net income to common shareholders	178,064	145,623	129,655	103,347	85,724	69,010	88,945	83,358	73,699	60,412
Basic EPS	129.46	105.91	93.29	73.54	61.02	49.15	63.38	59.45	52.62	43.20
Diluted EPS	116.88	105.91	93.21	73.48	60.96	49.10	63.29	59.35	52.49	43.05
Average shares (basic)	1,375	1,375	1,390	1,405	1,405	1,404	1,403	1,402	1,401	1,399
Average shares (diluted)	1,376	1,376	1,391	1,406	1,406	1,406	1,405	1,405	1,404	1,403
Dividend per share	38.00	34.00	28.00	24.00	22.00	18.00	18.00	18.00	16.00	14.00