Fourth Quarter Surge: Net Profit up 25% YoY to ₹5,497 cr as New Orders Hit High

Larsen & Toubro (L&T) experienced a strong fourth quarter in FY 2024–25, reporting a consolidated net profit of ₹5,497 crore, which represents a 25% increase compared to the ₹4,396 crore profit in the same quarter of the previous fiscal year. This growth was fueled by a significant increase in execution momentum, especially in the infrastructure and hydrocarbon segments. The company’s consolidated revenue for the quarter rose to ₹74,392 crore, up nearly 11% year-on-year. Much of this was supported by a surge in project completions, improved supply chain efficiency, and increased international billing. L&T also benefited from favorable foreign exchange movements in its global operations, particularly in the Middle East and Southeast Asia.

The fourth quarter also saw a notable rise in fresh order inflows, which reached a record high. L&T secured new orders worth ₹1,31,000 crore during the quarter, reflecting both strong domestic demand and major international wins in energy, transportation, and water projects. Around 70% of these orders came from overseas clients, which is a significant shift from previous trends and underscores L&T’s strategy of expanding its global project footprint. Notable contracts included a large renewable energy EPC contract in the Middle East, railway modernization in Bangladesh, and multiple urban infrastructure projects in Indian metros. This surge in fresh orders helped elevate the company’s order book to ₹5.79 lakh crore by the end of March 2025, offering strong revenue visibility for the upcoming quarters.

Despite inflationary challenges and fluctuating commodity prices, L&T maintained stable operating margins in Q4 FY 2024–25. This was possible due to better cost control, renegotiation of select input contracts, and a diversified project mix with higher-margin international assignments. The company also declared a final dividend of ₹34 per share, reflecting its healthy cash flows and commitment to shareholder returns. Furthermore, L&T continued investing in future-ready technologies such as AI-enabled construction management, modular fabrication, and carbon-neutral construction methods. Overall, the strong fourth quarter capped off a successful fiscal year for L&T, reinforcing its leadership in engineering, construction, and project development across geographies. Sources:Mint