Larsen & Toubro (L&T), one of India’s biggest engineering and construction companies, posted strong earnings for the fourth quarter of FY25. The company reported a consolidated net profit of ₹5,497 crore, which is 25 percent higher than the ₹4,396 crore profit it had in the same quarter last year.
This profit was better than what analysts had expected. According to a Moneycontrol poll, the average estimate was for a 10 percent rise in profit.
L&T’s revenue also grew well in the March quarter. The company earned ₹74,392 crore in revenue, showing an 11 percent rise from ₹67,079 crore recorded in Q4 of FY24.
Even with the strong results, L&T shares ended slightly lower by 0.28 percent on May 8. The stock closed at ₹3,312 per share on the BSE.
The company also announced a final dividend of ₹34 per share for the financial year 2024-25, which will be given to eligible shareholders.
L&T’s strong order book and large infrastructure projects across India continue to support its growth. Investors will now look forward to the company’s guidance for the next financial year.
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Source: Moneycontrol.
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