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The latest update is out from Larsen & Toubro Limited ( (IN:LT) ).
Larsen & Toubro’s board has approved the consolidated and standalone audited financial results for the quarter and year ended March 31, 2026, alongside plans to circulate its FY 2025-26 integrated annual report electronically in line with regulatory norms. The board also recommended a higher final dividend of ₹38 per ₹2 share, up from ₹34 last year, with record and cut-off dates set ahead of the June 5 virtual AGM, while bolstering governance and financial leadership through the appointment of independent director Vijay Sankar, the re-appointment of independent director Pramit Jhaveri, and a two-year extension for President and Whole-time Director – Finance R. Shankar Raman, coupled with the appointment of P. Ramakrishnan as chief financial officer.
These board decisions signal confidence in L&T’s financial performance and cash flows, underscore a shareholder-friendly capital return stance, and reinforce continuity and independence in the company’s board and finance function at a time when strong governance and stable leadership remain critical for large infrastructure and engineering groups.
More about Larsen & Toubro Limited
Larsen & Toubro Limited is a diversified Indian conglomerate with core operations spanning engineering, construction, manufacturing and technology services. The company serves infrastructure, industrial and energy markets in India and overseas, and is a key player in capital goods and project-based businesses critical to the country’s development agenda.
Average Trading Volume: 334,585
Technical Sentiment Signal: Strong Buy
Current Market Cap: 5640.4B INR
For a thorough assessment of LT stock, go to TipRanks’ Stock Analysis page.