Larsen & Toubro revenue and financials
Secondary listing. The primary listing is Larsen & Toubro · NSE (INR)
₹3,699.00Change from previous close: −1.96%Absolute change: −₹74.00
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%.
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.
| Item | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total revenue | 703,185 | 843,237 | 728,907 | 693,678 | 650,357 | 754,744 | 656,357 | 626,559 | 560,405 | 680,385 | 559,656 | 521,570 |
| Cost of revenue | 416,985 | 468,891 | 462,886 | 435,885 | 402,308 | 428,885 | 419,719 | 394,575 | 341,760 | 398,120 | 352,294 | 310,643 |
| Gross profit | 265,873 | 356,259 | 248,287 | 240,725 | 230,985 | 309,125 | 220,204 | 216,433 | 204,339 | 268,074 | 192,965 | 196,842 |
| Selling, general and administrative | 180,941 | 254,540 | 159,709 | 158,818 | 154,241 | 216,278 | 147,977 | 141,800 | 138,980 | 186,136 | 126,998 | 129,192 |
| Operating income | 74,609 | 90,289 | 77,861 | 70,989 | 66,411 | 82,629 | 61,757 | 64,395 | 55,380 | 71,887 | 56,760 | 58,551 |
| EBIT | 74,609 | 90,289 | 77,861 | 70,989 | 66,411 | 82,629 | 61,757 | 64,395 | 55,380 | 71,887 | 56,760 | 58,551 |
| EBITDA | 83,013 | 98,692 | 86,082 | 81,615 | 74,632 | 90,850 | 69,674 | 74,504 | 63,297 | 79,226 | 64,042 | 67,253 |
| Interest expense | 5,387 | 6,774 | 6,251 | 7,628 | 7,816 | 7,424 | 8,427 | 8,844 | 8,614 | 9,170 | 9,042 | 8,640 |
| Pre-tax income | 69,274 | 81,572 | 71,564 | 63,270 | 58,521 | 75,616 | 53,060 | 55,411 | 46,812 | 63,379 | 47,702 | 49,810 |
| Income tax | 19,394 | 16,454 | 19,880 | 16,490 | 15,340 | 18,806 | 13,320 | 14,423 | 12,365 | 14,183 | 11,773 | 11,355 |
| Net income | 41,229 | 53,256 | 32,151 | 39,261 | 36,172 | 54,973 | 33,588 | 33,953 | 27,857 | 43,961 | 29,474 | 32,226 |
| Net income to common shareholders | 41,229 | 53,256 | 32,151 | 39,261 | 36,172 | 54,973 | 33,588 | 33,953 | 27,857 | 43,961 | 29,474 | 32,226 |
| Basic EPS | 29.97 | 38.70 | 23.37 | 28.54 | 26.30 | 39.98 | 24.43 | 24.69 | 20.26 | 31.98 | 21.44 | 22.94 |
| Diluted EPS | 29.96 | 26.18 | 23.36 | 28.53 | 26.29 | 39.98 | 24.41 | 24.68 | 20.25 | 31.95 | 21.42 | 22.92 |
| Average shares (basic) | 1,376 | 1,376 | 1,376 | 1,376 | 1,375 | 1,375 | 1,375 | 1,375 | 1,375 | 1,375 | 1,375 | 1,405 |
| Average shares (diluted) | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,376 | 1,406 |
| Dividend per share | — | 38.00 | — | — | — | 34.00 | — | — | — | 28.00 | — | — |
