Larsen & Toubro Hits Historic High with ₹4.35 Lakh Crore Order Inflow in FY26
New Delhi, May 6, 2026: Engineering and infrastructure giant Larsen & Toubro (L&T) has reported a landmark financial performance for the fiscal year ended March 31, 2026, securing fresh orders worth ₹435,590 crore. This represents a robust 22% year-on-year growth, driven by a diversified portfolio spanning renewables, hydrocarbons, heavy civil infrastructure, and high-tech manufacturing. International markets played a pivotal role in this surge, accounting for 58% of the total order inflow during the year, while the company’s consolidated order book reached an all-time high of ₹740,327 crore, the company said in a press release.
The company’s revenue for the fiscal year rose by 12% to reach ₹285,874 crore, supported by steady execution across both domestic and overseas projects. On the profitability front, L&T posted a recurring Profit After Tax (PAT) of ₹17,238 crore, an 18% increase over the previous year. However, the final consolidated PAT stood at ₹16,084 crore after accounting for a one-time exceptional provision of ₹1,155 crore related to employee benefits under new labour codes. In light of these results, the Board of Directors has recommended a final dividend of ₹38 per equity share.
S N Subrahmanyan, Chairman and Managing Director, noted that the record-breaking order inflow validates the company’s dual-market strategy. “The year concluded on a strong note, supported by good financial performance across segments. Order inflow for the year exceeded a record ₹4 lakh crore – a clear reflection of our strategy, built on a strong domestic base complemented by a significant international presence, enabling the Company to exploit global opportunities,” Subrahmanyan stated.
The fiscal year also marked a significant strategic shift as L&T prepares to exit its concessions portfolio. The company confirmed it has executed agreements to divest its full stakes in Nabha Power Limited and L&T Metro Rail (Hyderabad) Limited, with both transactions expected to close by June 30, 2026. This move aligns with the company’s broader objective to streamline its balance sheet and focus on core high-growth segments.
As L&T concludes its “Lakshya’26” strategic plan, the leadership expressed confidence in having met key targets regarding revenue, order books, and non-core exits. Looking ahead, the company is pivoting toward its next five-year roadmap, “Lakshya’31,” which emphasizes digital transformation and green energy.
“We embark on another 5-year journey of Lakshya’31 to make the organisation future-ready through accelerated adoption of AI & digital technologies and investments in data centers, green energy, industrial electronics & semiconductor technologies. Our endeavour has been, as always, to be agile and proactive in responding to an ever-changing environment and drive a technology-led profitable growth, for long-term stakeholder value creation,” Subrahmanyan added.
