Larsen & Toubro shares surge 4.3%, among top gainers on Nifty 50

Shares of Larsen & Toubro gained 4.3% to Rs 3,646.00 in Wednesday's trading session, making it one of the top gainers on the Nifty 50. Other notable gainers on the Nifty 50 included TATA Cons. Prod (1.16%), Asian Paints (1.04%), NTPC (0.97%), and Bharti Airtel (0.9%). This positive movement occurred at 10:00 am.

Financial Overview:

Larsen & Toubro's consolidated financial performance reveals the following trends:

Quarterly Performance:

• Revenue: Increased from Rs 55,119.82 Crore in June 2024 to Rs 63,678.92 Crore in June 2025.
• Net Profit: Rose from Rs 3,440.11 Crore in June 2024 to Rs 4,325.57 Crore in June 2025.
• EPS: Increased from Rs 20.26 in June 2024 to Rs 26.30 in June 2025.

Annual Performance:

• Revenue: Grew steadily from Rs 135,979.03 Crore in 2021 to Rs 255,734.45 Crore in 2025.
• Net Profit: Showed a significant increase from Rs 4,668.96 Crore in 2021 to Rs 17,687.39 Crore in 2025.
• EPS: Increased from Rs 82.49 in 2021 to Rs 109.36 in 2025.

The consolidated income statement provides further details on the company's financial health. The sales increased by 15.66% from Rs 221,112 Crore in March 2024 to Rs 255,734 Crore in March 2025. Other income also increased from Rs 4,158 Crore to Rs 4,124 Crore for the same period. Total income increased by 15.35% from Rs 225,270 Crore in March 2024 to Rs 259,859 Crore in March 2025. Total expenditure increased by 15.77% from Rs 201,207 Crore in March 2024 to Rs 232,946 Crore in March 2025. Earnings Before Interest and Taxes (EBIT) increased by 11.84% from Rs 24,062 Crore to Rs 26,913 Crore. Interest decreased from Rs 3,545 Crore to Rs 3,334 Crore, and tax increased from Rs 4,947 Crore to Rs 5,891 Crore. Finally, net profit increased by 13.60% from Rs 15,569 Crore to Rs 17,687 Crore.

The quarterly income statement shows sales increasing by 11.93% from Rs 55,119 Crore in June 2024 to Rs 63,678 Crore in June 2025. Other income increased by 47.39% from Rs 920 Crore to Rs 1,356 Crore for the same period. Total income increased by 16.05% from Rs 56,040 Crore to Rs 65,035 Crore. Total expenditure increased by 15.62% from Rs 50,502 Crore to Rs 58,394 Crore. Earnings Before Interest and Taxes (EBIT) increased by 20% from Rs 5,538 Crore to Rs 6,641 Crore. Interest decreased slightly from Rs 861 Crore to Rs 781 Crore, and tax increased by 24.03% from Rs 1,236 Crore to Rs 1,533 Crore. Net profit increased by 25.74% from Rs 3,440 Crore to Rs 4,325 Crore.

The company's cash flow from operating activities has fluctuated over the years, with the latest figure for March 2025 standing at Rs 9,160 Crore. The investing activities show a net outflow of Rs 15,517 Crore, while financing activities resulted in an inflow of Rs 6,556 Crore. The net cash flow for March 2025 is Rs 228 Crore.

Balance Sheet:

The consolidated balance sheet shows that the company's total liabilities have increased from Rs 311,273 Crore in March 2021 to Rs 379,524 Crore in March 2025. Total assets have also increased, mirroring the rise in liabilities.

Financial Ratios:

Key financial ratios for Larsen & Toubro as of March 2025 include:

• Basic EPS: Rs 109.36
• Diluted EPS: Rs 109.28
• Book Value per Share: Rs 710.12
• ROE: 15.39%
• Debt to Equity: 1.33

Additionally, the company has a dividend payout of Rs 34.00 per share. The P/E ratio stands at 31.93, and the P/B ratio is 4.92.

Here is a summary of Larsen & Toubro's key financial data:

Corporate Actions:

Larsen & Toubro has announced several corporate actions, including analyst presentations for Q1/FY26 held on July 29, 2025. The company has a history of bonus issues, with the latest being on May 29, 2017, in a 1:2 ratio.

Larsen & Toubro has demonstrated significant financial growth and stability. The company’s increasing revenue, net profit, and EPS, coupled with strategic corporate actions, position it favorably in the market.