Outcome of Board Meeting of Larsen & Toubro Limited held on May 5, 2026
LT · price
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L&T reported record FY2025-26 performance with order inflows of Rs 435,590 crore (up 22%), revenues of Rs 285,874 crore (up 12%), and recurring PAT of Rs 17,238 crore (up 18%). The order book stands at an all-time high of Rs 740,327 crore. The Board recommended a final dividend of Rs 38 per share (12% increase from Rs 34). Leadership changes include appointment of Vijay Sankar as Independent Director and P. Ramakrishnan as new CFO from July 1, 2026. The company also announced exits from Nabha Power and Hyderabad Metro by June 30, 2026, and unveiled the Lakshya'31 strategic plan focusing on AI, digital technologies, data centers, and semiconductors.
Strong financial performance with double-digit growth across key metrics is positive for shareholders. The 12% dividend increase and record order book signal confidence. The new strategic direction toward technology and digital infrastructure could drive long-term value creation.