L&T Shares Surge 4.6% After Strong Q4 Earnings and Record Order Inflows

A 25% jump in Larsen & Toubro’s consolidated net profit for the March quarter boosted investor sentiment, putting the shares under spotlight during today’s trade. The stock surged as much as 4.6% on the National Stock Exchange by 9:50 am. The conglomerate’s consolidated revenue for the quarter under review surged 11% on year, due to strong growth in all of its segments.

L&T’s strong revenue growth came mainly on the back of a large order book and ramp up in execution momentum across its projects and manufacturing businesses. International revenues accounted for nearly 50% of the total revenue during the year.

The company excelled on another metric—order inflow. L&T’s order intake rose 24% on year during the fourth quarter of FY25 and as a result its order book for the full year grew 22% over the previous year’s figure. Around 46% of the order book comprises international orders, according to the company’s investor presentation. Infrastructure-related orders constitute nearly 62%, whereas orders for energy projects account for 28% of the order book as of March.

“With the recent US-led tariff announcements, the risk of global cross-border trade and investment flows slowing down is imminent and consequently impacting costs and lower productivity,” L&T said in a press release. Volatility in crude oil prices and disrupted supply chains also pose further challenges, it added.

“In this economic backdrop, the company will focus on timely execution of its large order book, preservation of liquidity and optimum use of capital and other resources while remaining cautiously optimistic on the emerging new opportunities,” it said.

“The year concluded on a high note, marking yet another period of outstanding performance,” S N Subrahmanyan, chairman and managing director of the conglomerate said. The company achieved the highest ever yearly order inflows in its history, which buoy its order book to a record level, he added.

The company also announced a final dividend of Rs 34 per share for the financial year ended March 2025.