Larsen & Toubro shares were trading with a gain of 0.15% at Rs 3,691.20 in Thursday's session, reflecting a marginal increase from the previous close. The stock is a constituent of the Nifty 50 index.
In today's session, over 3.5 lakh shares changed hands.
Larsen & Toubro Financials
Here is a summary of Larsen & Toubro's financial performance:
Consolidated Quarterly Results
The following table presents the consolidated quarterly results for key financial metrics:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 55,119.82 Crore
Rs 61,554.58 Crore
Rs 64,667.78 Crore
Rs 74,392.28 Crore
Rs 63,678.92 Crore
Net Profit
Rs 3,440.11 Crore
Rs 4,112.81 Crore
Rs 4,001.03 Crore
Rs 6,133.44 Crore
Rs 4,325.57 Crore
EPS
20.26
24.69
24.43
39.98
26.30
The revenue for Larsen & Toubro has increased from Rs 55,119.82 Crore in June 2024 to Rs 63,678.92 Crore in June 2025. Similarly, the net profit has increased from Rs 3,440.11 Crore to Rs 4,325.57 Crore during the same period. Earnings per share (EPS) also saw an increase from 20.26 to 26.30.
Consolidated Yearly Results
The following table presents the consolidated yearly results for key financial metrics:
Heading
2021
2022
2023
2024
2025
Revenue
Rs 135,979.03 Crore
Rs 156,521.23 Crore
Rs 183,340.70 Crore
Rs 221,112.91 Crore
Rs 255,734.45 Crore
Net Profit
Rs 4,668.96 Crore
Rs 10,291.05 Crore
Rs 12,624.87 Crore
Rs 15,569.72 Crore
Rs 17,687.39 Crore
EPS
82.49
61.71
74.51
93.96
109.36
BVPS
625.97
678.79
736.87
746.01
710.12
ROE
15.26
10.52
11.72
15.12
15.39
Debt to Equity
1.73
1.50
1.33
1.32
1.33
The yearly revenue for Larsen & Toubro has shown consistent growth, increasing from Rs 135,979.03 Crore in 2021 to Rs 255,734.45 Crore in 2025. The net profit has also increased significantly from Rs 4,668.96 Crore to Rs 17,687.39 Crore during the same period. The Return on Equity (ROE) stands at 15.39 for March 2025.
Consolidated Yearly - Income Statement
The following table shows the yearly income statement values for key metrics.
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 255,734 Crore
Rs 221,112 Crore
Rs 183,340 Crore
Rs 156,521 Crore
Rs 135,979 Crore
Other Income
Rs 4,124 Crore
Rs 4,158 Crore
Rs 2,929 Crore
Rs 2,267 Crore
Rs 3,429 Crore
Total Income
Rs 259,859 Crore
Rs 225,270 Crore
Rs 186,269 Crore
Rs 158,788 Crore
Rs 139,408 Crore
Total Expenditure
Rs 232,946 Crore
Rs 201,207 Crore
Rs 165,953 Crore
Rs 141,154 Crore
Rs 126,815 Crore
EBIT
Rs 26,913 Crore
Rs 24,062 Crore
Rs 20,316 Crore
Rs 17,633 Crore
Rs 12,593 Crore
Interest
Rs 3,334 Crore
Rs 3,545 Crore
Rs 3,207 Crore
Rs 3,125 Crore
Rs 3,913 Crore
Tax
Rs 5,891 Crore
Rs 4,947 Crore
Rs 4,484 Crore
Rs 4,216 Crore
Rs 4,010 Crore
Net Profit
Rs 17,687 Crore
Rs 15,569 Crore
Rs 12,624 Crore
Rs 10,291 Crore
Rs 4,668 Crore
Sales have increased by approximately 15.66% from March 2024 (Rs 221,112 Crore) to March 2025 (Rs 255,734 Crore). The net profit has also increased from Rs 15,569 Crore to Rs 17,687 Crore, reflecting a growth of 13.61%.
Consolidated Quarterly - Income Statement
The following table shows the quarterly income statement values for key metrics.
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 63,678 Crore
Rs 74,392 Crore
Rs 64,667 Crore
Rs 61,554 Crore
Rs 55,119 Crore
Other Income
Rs 1,356 Crore
Rs 1,135 Crore
Rs 967 Crore
Rs 1,101 Crore
Rs 920 Crore
Total Income
Rs 65,035 Crore
Rs 75,527 Crore
Rs 65,635 Crore
Rs 62,655 Crore
Rs 56,040 Crore
Total Expenditure
Rs 58,394 Crore
Rs 66,767 Crore
Rs 59,459 Crore
Rs 56,216 Crore
Rs 50,502 Crore
EBIT
Rs 6,641 Crore
Rs 8,759 Crore
Rs 6,175 Crore
Rs 6,439 Crore
Rs 5,538 Crore
Interest
Rs 781 Crore
Rs 745 Crore
Rs 842 Crore
Rs 884 Crore
Rs 861 Crore
Tax
Rs 1,533 Crore
Rs 1,880 Crore
Rs 1,332 Crore
Rs 1,442 Crore
Rs 1,236 Crore
Net Profit
Rs 4,325 Crore
Rs 6,133 Crore
Rs 4,001 Crore
Rs 4,112 Crore
Rs 3,440 Crore
Sales have increased by approximately 15.52% from June 2024 (Rs 55,119 Crore) to June 2025 (Rs 63,678 Crore). Net profit also increased from Rs 3,440 Crore to Rs 4,325 Crore.
Consolidated Balance Sheet
The following table presents the consolidated balance sheet:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 275 Crore
Rs 274 Crore
Rs 281 Crore
Rs 496 Crore
Rs 1,404 Crore
Reserves & Surplus
Rs 97,380 Crore
Rs 85,533 Crore
Rs 88,577 Crore
Rs 81,755 Crore
Rs 75,204 Crore
Current Liabilities
Rs 201,970 Crore
Rs 176,600 Crore
Rs 162,065 Crore
Rs 159,433 Crore
Rs 137,408 Crore
Other Liabilities
Rs 79,897 Crore
Rs 77,217 Crore
Rs 79,427 Crore
Rs 78,363 Crore
Rs 97,257 Crore
Total Liabilities
Rs 379,524 Crore
Rs 339,627 Crore
Rs 330,352 Crore
Rs 320,048 Crore
Rs 311,273 Crore
Fixed Assets
Rs 38,295 Crore
Rs 38,207 Crore
Rs 37,907 Crore
Rs 36,509 Crore
Rs 36,752 Crore
Current Assets
Rs 245,341 Crore
Rs 218,079 Crore
Rs 222,204 Crore
Rs 208,181 Crore
Rs 194,966 Crore
Other Assets
Rs 95,886 Crore
Rs 83,339 Crore
Rs 70,240 Crore
Rs 75,358 Crore
Rs 79,554 Crore
Total Assets
Rs 379,524 Crore
Rs 339,627 Crore
Rs 330,352 Crore
Rs 320,048 Crore
Rs 311,273 Crore
Contingent Liabilities
Rs 28,086 Crore
Rs 21,246 Crore
Rs 19,620 Crore
Rs 23,020 Crore
Rs 21,540 Crore
Consolidated Cash Flow
The following table presents the consolidated cash flow statement:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 9,160 Crore
Rs 18,266 Crore
Rs 22,776 Crore
Rs 19,163 Crore
Rs 22,844 Crore
Investing Activities
Rs -15,517 Crore
Rs 2,163 Crore
Rs -8,311 Crore
Rs -3,667 Crore
Rs -5,428 Crore
Financing Activities
Rs 6,556 Crore
Rs -25,413 Crore
Rs -11,572 Crore
Rs -15,181 Crore
Rs -15,274 Crore
Others
Rs 28 Crore
Rs 15 Crore
Rs 263 Crore
Rs 82 Crore
Rs 0 Crore
Net Cash Flow
Rs 228 Crore
Rs -4,968 Crore
Rs 3,156 Crore
Rs 396 Crore
Rs 2,140 Crore
Financial Ratios
Key financial ratios for Larsen & Toubro are detailed below:
Ratio
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Basic EPS (Rs.)
82.49
61.71
74.51
93.96
109.36
Diluted EPS (Rs.)
82.41
61.65
74.45
93.88
109.28
Book Value [Excl. Reval Reserve]/Share (Rs.)
625.97
678.79
736.87
746.01
710.12
Dividend/Share (Rs.)
36.00
22.00
24.00
34.00
34.00
Face Value
2
2
2
2
2
Gross Profit Margin (%)
14.01
13.08
12.91
12.50
11.94
Operating Margin (%)
11.87
11.20
11.00
10.84
10.33
Net Profit Margin (%)
9.49
6.57
6.88
7.04
6.91
Return on Networth / Equity (%)
15.26
10.52
11.72
15.12
15.39
ROCE (%)
9.28
10.91
11.99
14.70
14.89
Return On Assets (%)
3.72
2.70
3.16
3.84
3.96
Current Ratio (X)
1.42
1.31
1.37
1.23
1.21
Quick Ratio (X)
1.38
1.27
1.33
1.20
1.18
Debt to Equity (x)
1.73
1.50
1.33
1.32
1.33
Interest Coverage Ratios (X)
4.13
6.55
7.38
7.80
9.17
Asset Turnover Ratio (%)
43.68
0.42
0.45
0.66
0.71
Inventory Turnover Ratio (X)
23.36
2.81
2.81
2.89
3.87
3 Yr CAGR Sales (%)
6.59
7.59
12.27
27.52
27.82
3 Yr CAGR Net Profit (%)
-25.62
3.17
11.43
82.61
31.10
P/E (x)
17.20
28.64
29.05
40.06
31.93
P/B (x)
2.63
3.01
3.41
6.01
4.92
EV/EBITDA (x)
17.20
17.86
17.50
22.92
19.78
P/S (x)
1.47
1.59
1.66
2.35
1.88
The P/E ratio for March 2025 is 31.93, and the P/B ratio is 4.92. The debt-to-equity ratio is 1.33 as of March 2025.
Corporate Actions
Larsen & Toubro Limited has announced several corporate actions. The company announced a final dividend of Rs 34 per share (1700%) on May 8, 2025, with an effective date of June 3, 2025.
The company also has a history of bonus issues, with the latest one announced on May 29, 2017, with an ex-bonus date of July 13, 2017, in the ratio of 1:2.
In recent news, Larsen & Toubro has secured STATCOM and SCADA orders, emphasizing grid stability and resilience, and also won a significant order from NPCIL for its Heavy Civil Infrastructure Vertical.
With the stock's last traded price at Rs 3,691.20, Larsen & Toubro reflects a slight gain in today's session with over 3.5 lakh shares traded.