📝 Larsen & Toubro Limited — results explained
Quarter ended June 2026 (Q1 FY27)
Larsen & Toubro Limited reported revenue of ₹67,942 crore for the quarter ended June 2026 (Q1 FY27), up 6.7% from ₹63,679 crore in the same quarter last year, and down 17.9% sequentially over the March 2026 quarter.
Net profit rose 15.5% year-on-year to ₹4,988 crore, from ₹4,318 crore. Earnings per share (EPS) came in at ₹29.97.
Operating profit stood at ₹6,116 crore — an operating margin (OPM) of 9.0%, compared with 9.9% in the year-ago quarter.
Full year and trailing twelve months
For the full year FY26, Larsen & Toubro Limited posted revenue of ₹285,874 crore, a growth of 11.8% over FY25, with a net profit of ₹18,954 crore (up 7.2% year-on-year).
On a trailing-twelve-month (TTM) basis, revenue stands at ₹290,137 crore with a net profit of ₹19,624 crore.
Valuation snapshot
At the current price of ₹3,627.10, LT has a market capitalisation of ₹499,040 crore and a trailing P/E of about 25.4.
Within the Engineering & Construction industry, it is the largest of the 12 companies we track by market value.
Shareholding pattern
As of Mar 2026, foreign institutional investors (FIIs) 18.78%, domestic institutional investors (DIIs) 43.32%, the government 0.25%, public shareholders 37.64% of Larsen & Toubro Limited.