Mumbai: Shares of Larsen & Toubro (L&T) surged on Friday, May 9, 2025, after the company posted strong earnings for the fourth quarter (Q4) of the financial year. L&T shares went up by 4.72 per cent on the Bombay Stock Exchange (BSE) to Rs 3,477.55. On the National Stock Exchange (NSE), the stock gained 4.60 per cent to close at Rs 3,477.
This rise came even as the broader market was down. The Sensex fell 746.10 points to 79,588.71, and the Nifty dropped 217.45 points to 24,073.75 in early trade.
Q4 Profit Up by 25 per cent
L&T reported a 25 per cent increase in its consolidated Profit After Tax (PAT) for Q4, which ended on March 31, 2025. The PAT stood at Rs 5,497 crore, up from Rs 4,396 crore in the same quarter last year.
Revenue from operations also grew strongly to Rs 74,392.28 crore, compared to Rs 67,078.68 crore in the year-ago period. This jump was supported by good business performance across sectors and an exceptional one-time gain.
Strong Annual Performance
For the full financial year (FY25), L&T posted a consolidated PAT of Rs 15,037 crore, a 15 per cent growth compared to the previous year. The total PAT includes a special gain of Rs 475 crore, after tax, from the partial reversal of an old provision related to its joint venture — L&T Special Steels and Heavy Forgings (LTSSHF).
Management Comments
R Shankar Raman, L&T’s President, Whole-time Director, and CFO, said FY25 was an outstanding year for the company. He added that L&T exceeded most of the financial goals it had set, despite operating in a challenging environment.
(With agency inputs)
