Larsen & Toubro revenue and financials

500510 · BSE · INR

Secondary listing. The primary listing is Larsen & Toubro · NSE (INR)

₹3,699.00−1.96%−₹74.00

Close · October 7, 2026

In the fiscal year ended March 2026, Larsen & Toubro reported revenue of ₹2.92T (+12.24% year over year). Net income was ₹160.84B, a net margin of 5.5%.

Annual revenue · 2026: ₹2.92T
  1. ₹1.11T2017
  2. ₹1.21T2018
  3. ₹1.37T2019
  4. ₹1.48T2020
  5. ₹1.39T2021
  6. ₹1.59T2022
  7. ₹1.86T2023
  8. ₹2.25T2024
  9. ₹2.6T2025
  10. ₹2.92T2026

Fiscal year ending in March. Sources and method on the page Methodology and sources.

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.

ItemFY to Mar 2026FY to Mar 2025FY to Mar 2024FY to Mar 2023FY to Mar 2022FY to Mar 2021FY to Mar 2020FY to Mar 2019FY to Mar 2018FY to Mar 2017
Total assets4,525,4993,795,2413,401,3603,303,5233,200,6723,112,7373,081,4012,783,4742,438,7752,121,816
Current assets3,183,1132,453,4172,185,8862,222,0432,082,0311,949,6681,826,8991,667,9141,416,3051,218,413
Cash and equivalents153,912121,870119,585169,267137,702133,735113,24665,09568,34335,269
Short-term investments612,234484,070366,738375,106322,618316,277145,764147,919103,643158,578
Receivables1,390,2931,192,5161,137,3031,039,7811,006,982910,244934,471840,714765,682633,812
Inventory95,30976,70666,20268,28859,43358,20557,46764,13948,47841,397
Net property, plant and equipment224,731193,884184,841164,232137,378137,962155,552133,731127,851131,777
Goodwill84,81583,48578,00977,98776,85280,67080,11418,26915,61813,987
Other intangible assets21,028172,483175,317181,241188,077193,084196,813155,100132,160116,940
Long-term investments110,446116,701111,687102,742104,27688,43573,48871,62058,47154,540
Current liabilities2,544,9752,019,7091,771,0951,620,6601,594,4061,374,0801,447,2921,338,0231,092,744895,251
Accounts payable694,556524,593532,929497,841513,656457,452436,439429,948377,974302,949
Long-term debt637,386575,033565,070612,177616,183821,200823,313741,207729,146673,403
Total debt907,181965,476884,880897,541950,3111,068,6331,081,527963,313881,922774,195
Total liabilities3,240,1942,641,2042,375,8632,267,8512,246,9352,233,5372,318,9612,091,4651,837,7251,584,015
Total equity (incl. minority)1,285,3051,154,0371,025,4971,035,672953,737879,201762,441692,009601,049537,801
Retained earnings1,061,570947,394837,213782,955708,504646,392568,892520,280444,302400,776
Minority interest192,407177,481161,904142,413129,661120,51595,20868,26152,01435,636