Larsen & Toubro Limited (BOM:500510)
4,056.15
-44.05 (-1.07%)
At close: May 5, 2026
Larsen & Toubro Income Statement
Financials in millions INR. Fiscal year is April - March.
Millions INR. Fiscal year is Apr - Mar.
Fiscal Year | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Mar '25 Mar 31, 2025 | Mar '24 Mar 31, 2024 | Mar '23 Mar 31, 2023 | Mar '22 Mar 31, 2022 |
Operating Revenue | 2,858,744 | 2,405,405 | 2,080,043 | 1,707,658 | 1,445,501 |
Other Revenue | 57,607 | 192,658 | 171,847 | 154,283 | 142,004 |
| 2,916,350 | 2,598,063 | 2,251,890 | 1,861,940 | 1,587,506 | |
Revenue Growth (YoY) | 12.25% | 15.37% | 20.94% | 17.29% | 13.94% |
Cost of Revenue | 1,858,412 | 1,585,269 | 1,354,997 | 1,073,742 | 914,283 |
Gross Profit | 987,985 | 949,772 | 839,744 | 727,934 | 613,697 |
Selling, General & Admin | 638,867 | 644,706 | 564,047 | 491,868 | 409,358 |
Other Operating Expenses | - | -77.1 | -84.4 | -144.6 | -201.4 |
Operating Expenses | 682,514 | 685,611 | 600,709 | 525,565 | 438,536 |
Operating Income | 305,471 | 264,161 | 239,035 | 202,369 | 175,161 |
Interest Expense | -28,488 | -33,308 | -35,365 | -31,777 | -30,554 |
Earnings From Equity Investments | -2,055 | -140.6 | -226.2 | -942.5 | 1,282 |
Currency Exchange Gain (Loss) | - | -35.3 | -93.4 | -290.9 | -644.7 |
Other Non Operating Income (Expenses) | - | - | - | -3.9 | -58.1 |
EBT Excluding Unusual Items | 274,927 | 230,677 | 203,350 | 169,355 | 145,186 |
Gain (Loss) on Sale of Assets | - | 452.5 | 735.1 | 613.7 | 176 |
Asset Writedown | - | -229.6 | -76.3 | -1,181 | -99.2 |
Other Unusual Items | -17,224 | - | - | - | - |
Pretax Income | 257,703 | 230,900 | 204,009 | 168,788 | 145,262 |
Income Tax Expense | 68,164 | 58,914 | 49,474 | 44,842 | 42,039 |
Earnings From Continuing Operations | 189,539 | 171,986 | 154,535 | 123,946 | 103,223 |
Net Income to Company | 189,539 | 176,733 | 155,471 | 125,306 | 104,192 |
Minority Interest in Earnings | -28,699 | -26,362 | -24,880 | -20,599 | -17,499 |
Net Income | 160,840 | 150,371 | 130,591 | 104,707 | 86,693 |
Net Income to Common | 160,840 | 150,371 | 130,591 | 104,707 | 86,693 |
Net Income Growth | 6.96% | 15.15% | 24.72% | 20.78% | -25.15% |
Shares Outstanding (Basic) | 1,376 | 1,375 | 1,390 | 1,405 | 1,405 |
Shares Outstanding (Diluted) | 1,376 | 1,376 | 1,391 | 1,406 | 1,406 |
Shares Change (YoY) | 0.01% | -1.08% | -1.09% | 0.01% | 0.05% |
EPS (Basic) | 116.93 | 109.36 | 93.96 | 74.51 | 61.71 |
EPS (Diluted) | 116.88 | 109.28 | 93.88 | 74.45 | 61.65 |
EPS Growth | 6.96% | 16.40% | 26.10% | 20.76% | -25.19% |
Free Cash Flow | 119,318 | 47,419 | 137,498 | 186,332 | 160,530 |
Free Cash Flow Per Share | 86.71 | 34.46 | 98.84 | 132.49 | 114.15 |
Dividend Per Share | - | 34.000 | 28.000 | 24.000 | 22.000 |
Dividend Growth | - | 21.43% | 16.67% | 9.09% | 22.22% |
Gross Margin | 33.88% | 36.56% | 37.29% | 39.09% | 38.66% |
Operating Margin | 10.47% | 10.17% | 10.62% | 10.87% | 11.03% |
Profit Margin | 5.51% | 5.79% | 5.80% | 5.62% | 5.46% |
Free Cash Flow Margin | 4.09% | 1.82% | 6.11% | 10.01% | 10.11% |
EBITDA | 349,118 | 297,044 | 268,392 | 231,496 | 199,981 |
EBITDA Margin | 11.97% | 11.43% | 11.92% | 12.43% | 12.60% |
D&A For EBITDA | 43,648 | 32,883 | 29,357 | 29,127 | 24,820 |
EBIT | 305,471 | 264,161 | 239,035 | 202,369 | 175,161 |
EBIT Margin | 10.47% | 10.17% | 10.62% | 10.87% | 11.03% |
Effective Tax Rate | 26.45% | 25.52% | 24.25% | 26.57% | 28.94% |
Revenue as Reported | 2,916,350 | 2,598,593 | 2,252,709 | 1,862,699 | 1,587,883 |
Advertising Expenses | - | 3,783 | 3,455 | 3,048 | 1,699 |
Source: S&P Global Market Intelligence. Standard template. Financial Sources.