LT Larsen & Toubro Q4 FY26 results (Jan–Mar 2026) and concall
Larsen & Toubro reported a mixed Q4 FY26, with strong order book growth and significant improvements in working capital and Realty pre-sales. However, revenue growth for the full year missed guidance, and margins in key segments faced pressure due to execution challenges and geopolitical disruptions. The company outlined an ambitious Lakshya 31 strategic plan, targeting sustained growth and improved ROE over the next five years, with significant investments planned for new growth engines like Data Centers and Green Hydrogen.
You’re reading a preview. Opening the full call uses 1 concall credit.
Sign in to use your monthly call allowance.
What they filed
Q4 FY26: revenue up 11.3%, net profit down 0.4% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 61,555 | 64,668 | 74,392 | 63,679 | 67,984 +10% | 71,450 +10% | 82,762 +11% |
| EBITDA | 7,917 | 7,898 | 9,876 | 8,024 | 8,513 +8% | 9,190 +16% | 10,419 +5% |
| Net profit | 4,099 | 3,974 | 6,156 | 4,318 | 4,678 +14% | 3,825 −4% | 6,133 −0% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Inve summary of a publicly available earnings call transcript; see how call summaries are prepared. Not investment advice.
