L&T Delivers a Double Win: ₹34 Dividend and Record Q4 Profit Beat Market Expectations

Larsen & Toubro (L&T) has finished FY25 on a high note, declaring a strong final dividend of ₹34 per share and recording a March quarter net profit that jumped well ahead of analyst forecasts.

 

Key Highlights:

 

Dividend Bonanza:

The Board has also approved a final dividend of ₹34 per share in FY25, as a reward to shareholders following a year of robust operational performance. The record date for the dividend will be announced later, with the payment subject to the approval of the shareholders.

 

Profit Beats Estimates

L&T logged a consolidated Q4 FY25 net profit of ₹5,497 crore, a 25% year-on-year growth over consensus estimates (IBES: ₹4,998 crore). The strong performance was led by robust execution across its projects as well as its manufacturing businesses.

 

Revenue Growth

Consolidated operating revenue was ₹74,392 crore, an 11% year-on-year increase, but just short of the IBES forecast of ₹76,315 crore. International revenues accounted for a large 49% of the topline, pointing to L&T's global presence.

 

Highest ever Order Book:

The business closed the year on record order inflows, taking its consolidated order book to an all-time high of ₹5.79 lakh crore, up 22% year-on-year. Foreign orders accounted for 46% of the order book, reflecting L&T's robust overseas traction.

 

Management Commentary

Chairman & MD SN Subrahmanyan termed the year as one of "outstanding performance," pointing to operational excellence, innovation, and digitalization as drivers. The company looks confident of future growth with the support of a strong pipeline and effective execution abilities.

 

L&T's Q4 performance and munificent dividend attest to its strength, global foray, and ability to bring value to shareholders.

 

Source: Moneycontrol, Business Standard, CNBC TV18