Larsen & Toubro revenue and financials
₹3,701.50Change from previous close: −1.82%Absolute change: −₹68.50
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 | FY to Mar 2026 | FY to Mar 2025 | FY to Mar 2024 | FY to Mar 2023 | FY to Mar 2022 |
|---|---|---|---|---|---|
| Operating cash flow | 167,410 | 91,514 | 182,663 | 227,770 | 191,636 |
| Depreciation and amortization | 41,446 | 38,756 | 34,438 | 33,842 | 29,380 |
| Capital expenditure | -48,092 | -44,188 | -45,165 | -41,438 | -31,106 |
| Investing cash flow | -117,388 | -155,082 | 21,630 | -83,117 | -36,677 |
| Financing cash flow | -21,564 | 65,566 | -254,134 | -115,725 | -151,815 |
| Dividends paid | -46,762 | -38,496 | -33,736 | -30,914 | -25,284 |
| Share repurchases | — | 0.0 | -122,799 | 0.0 | — |
| Debt issued | 436,937 | 464,970 | 231,254 | 282,983 | 273,933 |
| Debt repaid | -364,035 | -307,824 | -272,278 | -327,950 | — |
| Effect of exchange rates | 3,585 | 287 | 159 | 2,637 | 823 |
| Net change in cash | 32,042 | 2,285 | -49,682 | 31,565 | 3,967 |
| Free cash flow | 119,318 | 47,325 | 137,498 | 186,332 | 160,530 |
| Levered free cash flow | 261,955 | 98,405 | 247,453 | 116,514 | 74,626 |