LTNSELarsen & Toubro Limited· EngineeringMinimalNeutral
Announced Wed, 6 May · 12:40 IST

Larsen & Toubro Limited has informed the Exchange about Copy of Newspaper Publication

LT · price

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Price reaction · full curve 14 horizons · vs prior close
-1.3%1-day move
₹4075.00
prior close
₹3919.70
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.2+0.1-0.0+0.1-1.3-2.4-3.3-5.2-3.8-4.2-0.6-5.0-0.9
Up moveDown movePending
AI summary

L&T reported FY26 consolidated revenue of Rs 2,85,874 crore, up 12% YoY from Rs 2,55,734 crore in FY25. Net profit after tax (attributable to owners) grew 7% to Rs 16,084 crore from Rs 15,037 crore. Basic EPS stood at Rs 116.93 vs Rs 109.36 in the prior year. The Board recommended a final dividend of Rs 38 per share (face value Rs 2). Key notes include two divestment deals: L&T Power Development divesting its stake in Nabha Power Limited, and L&T divesting its entire equity in L&T Metro Rail (Hyderabad) Limited to the Government of Telangana — both expected to close by June 30, 2026. A one-time exceptional charge of Rs 1,722.44 crore (before tax) was recognized due to new labour codes requiring provision for past service costs.

Likely market impact

Strong full-year performance with double-digit revenue growth and 7% PAT increase is positive. The Rs 38 dividend signals confidence. However, two asset sales pending closure by June could create near-term volatility as investors assess strategic focus and cash deployment.