News

L&T Q4 results: Profit jumps 25% YoY, beats estimates; recommends ₹34 dividendL&T reported a 25% YoY rise in Q4 profit, ahead of estimates. Revenue and EBITDA rose but came in below projections. The board recommended a ₹34 per share final dividend.By Vivek Iyer   May 8, 2025, 5:40:36 PM IST (Updated)1 Min ReadEngineering and construction major Larsen & Toubro (L&T) reported a 25% year-on-year (YoY) rise in consolidated net profit at ₹5,497 crore for the March quarter, beating CNBC-TV18’s estimate of ₹5,024 crore.

Revenue for the quarter stood at ₹74,392 crore—up 11% from ₹67,078 crore a year ago—but below the CNBC-TV18 poll estimate of ₹77,745 crore.

EBITDA grew 13.4% YoY to ₹8,202 crore, also trailing the poll estimate of ₹8,363 crore. Operating margin improved slightly to 11%, compared with 10.8% in both the year-ago period and the poll forecast.

The board has recommended a final dividend of ₹34 per equity share, subject to shareholder approval.

Ahead of the earnings announcement, shares of L&T closed flat at ₹3,320.60 on the BSE on Thursday, May 8. The stock has gained 9.5% over the past month.

Also Read: Asian Paints Q4 Results: Another muted quarter on the anvil; 4-5% volume growth seen

Ahead of the earnings announcement, shares of L&T closed flat at ₹3,320.60 on the BSE on Thursday, May 8. The stock has risen 9.5% over the past month.Continue ReadingFirst Published: May 8, 2025 12:24 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!TagsearningsLarsen and Toubroshare market today