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.

ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets—4,525,499—3,911,026—3,795,241—3,566,076—3,401,360—3,231,220
Current assets—3,183,113—2,490,868—2,453,417—2,290,703—2,185,886—2,089,484
Cash and equivalents—153,912—186,953—121,870—172,970—119,585—180,201
Short-term investments—612,234—444,283—484,070—381,421—366,738—293,319
Receivables—1,390,293—541,115—1,192,516—513,660—1,137,303—482,227
Inventory—95,309—83,137—76,706—72,749—66,202—66,239
Net property, plant and equipment—224,731—211,296—193,884—187,558—184,841—176,038
Goodwill—84,815—86,152—83,485—78,309—78,009—77,956
Other intangible assets—21,028—171,186—172,483—173,420—175,317—178,629
Long-term investments—110,446—107,515—116,701—105,616—111,687—115,131
Current liabilities—2,544,975—1,987,865—2,019,709—1,953,263—1,771,095—1,672,547
Accounts payable—694,556—528,692—524,593—515,636—532,929—445,206
Long-term debt—637,386—669,426—575,033—509,584—565,070—583,934
Total debt—907,181—1,003,454—965,476—877,495—884,880——
Total liabilities—3,240,194—2,712,955—2,641,204—2,506,266—2,375,863—2,296,721
Total equity (incl. minority)1,285,3051,285,3051,198,0711,198,0711,154,0371,154,0371,059,8101,059,8101,025,4971,025,497934,499934,499
Retained earnings—1,061,570———947,394———837,213——
Minority interest—192,407—184,236—177,481—167,511—161,904—150,381