Outcome of Board Meeting of Larsen & Toubro Limited held on May 5, 2026
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Larsen & Toubro reported strong FY2025-26 results with record order inflows of ₹4.36 lakh crore (up 22% YoY) and consolidated revenues of ₹2.86 lakh crore (up 12%). Recurring PAT grew 18% to ₹17,238 crore. The order book reached an all-time high of ₹7.40 lakh crore, up 28% year-on-year. International orders contributed 58% to total inflows. The Board recommended a final dividend of ₹38 per share (up from ₹34), payable after shareholder approval at the 81st AGM on June 5, 2026. Key leadership changes include appointment of Mr. Vijay Sankar as Independent Director and Mr. P. Ramakrishnan as CFO effective July 1, 2026, succeeding Mr. R. Shankar Raman.
The company delivered robust operational performance with record order book providing strong revenue visibility. The 12% dividend increase signals confidence in future earnings. Leadership transitions at the CFO level and new independent director appointments are routine governance actions without material impact on strategy.