LT quarterly results and annual financials: sales, operating profit, OPM, net profit, EPS, balance sheet, cash flow and ratios like ROCE, with YoY and QoQ growth.
Larsen & Toubro Ltd reported sales of ₹78,750 Cr, operating profit of ₹8,814 Cr (OPM 11%) and net profit of ₹5,949 Cr for the quarter ended Sep 2026. Figures in ₹ crore, consolidated where available.
LT quarterly results (₹ Cr)
Metric
Dec 2024
Mar 2025
Jun 2025
Sep 2025
Dec 2025
Mar 2026
Jun 2026
Sep 2026
Sales
64,668
74,392
63,679
67,984
71,450
82,762
67,942
78,750
Expenses
56,770
64,516
55,655
59,470
62,259
72,343
59,793
69,936
Operating Profit
7,898
9,876
8,024
8,513
9,190
10,419
8,149
8,814
OPM
12%
13%
13%
13%
13%
13%
12%
11%
Other Income
968
1,610
1,357
1,384
-350
1,647
2,377
2,306
Interest
2,486
2,419
2,488
2,470
2,399
2,488
2,571
2,442
Depreciation
1,047
1,052
1,033
1,092
1,072
1,168
1,032
1,037
Profit before tax
5,333
8,014
5,860
6,336
5,370
8,410
6,922
7,641
Tax
25%
23%
26%
26%
29%
25%
28%
23%
Net Profit
3,974
6,156
4,318
4,678
3,825
6,133
4,988
5,949
EPS in Rs
24.43
39.97
26.3
28.54
23.37
38.71
29.97
37.81
LT profit & loss, annual (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
TTM
Sales
1,56,521
1,83,341
2,21,113
2,55,734
2,85,874
3,00,904
Expenses
1,32,207
1,56,175
1,92,355
2,21,183
2,49,530
2,64,332
Operating Profit
24,314
27,166
28,758
34,551
36,345
36,572
OPM
16%
15%
13%
14%
13%
12%
Other Income
2,364
2,891
4,953
3,074
4,052
5,980
Interest
9,235
9,445
9,512
9,925
10,056
9,900
Depreciation
2,948
3,502
3,682
4,121
4,365
4,309
Profit before tax
14,495
17,109
20,517
23,579
25,976
28,343
Tax
29%
26%
24%
25%
26%
-
Net Profit
10,419
12,531
15,547
17,673
18,954
20,895
EPS in Rs
61.7
74.5
95
109.35
116.92
129.86
Dividend Payout
36%
32%
36%
31%
32%
-
LT balance sheet (₹ Cr)
Metric
Mar 2024
Mar 2025
Sep 2025
Mar 2026
Sep 2026
Equity Capital
275
275
275
275
275
Reserves
86,084
97,381
1,01,108
1,09,015
1,12,754
Borrowings
1,16,322
1,32,409
1,34,001
1,25,497
1,40,300
Other Liabilities
1,36,921
1,49,050
1,55,718
2,17,596
2,31,398
Total Liabilities
3,39,602
3,79,114
3,91,103
4,52,383
4,84,727
Fixed Assets
42,964
44,055
45,403
30,867
31,984
CWIP
3,045
2,589
3,256
3,311
3,150
Investments
45,648
54,805
55,180
68,377
82,754
Other Assets
2,47,946
2,77,665
2,87,264
3,49,828
3,66,840
Total Assets
3,39,602
3,79,114
3,91,103
4,52,383
4,84,727
LT cash flows (₹ Cr)
Metric
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Mar 2026
Cash from Operating Activity
19,164
22,777
18,266
9,151
16,741
Cash from Investing Activity
-3,585
-8,048
2,179
-15,479
-11,380
Cash from Financing Activity
-15,181
-11,572
-25,413
6,557
-2,156
Net Cash Flow
397
3,156
-4,968
228
3,204
Free Cash Flow
16,124
18,984
14,056
5,611
12,272
CFO/OP
97%
103%
82%
43%
64%
CFO/EBITDAShare of operating profit converting into cash: CFO (before tax) / Operating Profit