L&T Board Approves FY26 Audited Results, Recommends ₹38 Dividend, Appoints Directors
Larsen & Toubro's Board approved FY26 audited results, reporting record order inflows of ₹4,35,590 crore (up 22%) and revenue of ₹2,85,874 crore (up 12%). Recurring PAT rose 18% to ₹17,238 crore. A final dividend of ₹38 per share was recommended. Key appointments include Mr. Vijay Sankar as Independent Director and Mr. P. Ramakrishnan as CFO.
The outcomes include audited financial results, a significant dividend recommendation, and key appointments/re-appointments of directors and CFO, all of which are material information for investors and stakeholders, impacting the company's governance and financial outlook.
The announcement reports strong financial performance with record order inflows and revenue growth, alongside an increased dividend recommendation and positive outlook, indicating a favorable financial and strategic position.
Larsen & Toubro Limited's Board of Directors, in a meeting held on May 5, 2026, approved the consolidated and standalone audited financial results for the quarter and year ended March 31, 2026. The Board has recommended a final dividend of ₹38 per equity share (face value ₹2), an increase from the previous year's ₹34 per share. This dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM).
The company has fixed May 22, 2026, as the record date for determining entitlement to the proposed final dividend. The 81st AGM is scheduled for Friday, June 5, 2026, at 3:00 p.m. IST, to be conducted via Video Conferencing / Other Audio-Visual Means. Friday, May 29, 2026, has been set as the cut-off date for e-voting.
In terms of key appointments, the Board approved the appointment of Mr. Vijay Sankar as a Non-Executive, Independent Director for a term of 5 years, effective May 27, 2026, up to May 26, 2031, subject to shareholder approval. Additionally, Mr. Pramit Jhaveri has been re-appointed as a Non-Executive, Independent Director for a second term of 5 years, effective April 1, 2027, to March 31, 2032, also subject to shareholder approval.
Furthermore, Mr. R. Shankar Raman has been re-appointed as President and Whole-time Director - Finance for a term of 2 years, effective October 1, 2026, to September 30, 2028. Mr. P. Ramakrishnan has been appointed as the Chief Financial Officer and Key Managerial Personnel, effective July 1, 2026. Consequently, Mr. R. Shankar Raman will cease to be the Chief Financial Officer from the close of business hours on June 30, 2026.
The financial results highlighted a robust performance for FY 2025-26, with Group Order Inflows reaching a record ₹4,35,590 crore, a 22% increase year-on-year. Revenues stood at ₹2,85,874 crore, up 12%, and Recurring PAT was ₹17,238 crore, an 18% increase. The consolidated order book reached an all-time high of ₹7,40,327 crore as of March 31, 2026, reflecting a 28% growth.
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Larsen & Toubro Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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