L&T Q3 Profit Dips 4% to Rs 3,215 Cr on One-Time Cost, Revenue Jumps 10%
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Moneycontrol•28-01-2026, 18:14
L&T Q3 Profit Dips 4% to Rs 3,215 Cr on One-Time Cost, Revenue Jumps 10%
- •Larsen & Toubro reported a 4% decline in consolidated net profit to Rs 3,215 crore for Q3FY26, primarily due to a one-time provision of Rs 1,191 crore for employee benefits.
- •Despite the profit dip, the company's revenue rose 10% to Rs 71,450 crore, driven by strong execution in its Projects & Manufacturing portfolio.
- •Recurring Profit After Tax (PAT) saw a significant 31% year-on-year growth, reaching Rs 4,406 crore.
- •L&T achieved its highest-ever quarterly order inflow, with the consolidated order book growing 30% to Rs 7,33,161 crore, with international orders making up 49%.
- •The company's shares closed 0.24% higher at Rs 3,797 apiece on January 28, following the results announcement.
Why It Matters: L&T's Q3 net profit fell due to a one-time cost, but revenue and recurring profit showed strong growth.
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