Larsen and Toubro Ltd

The key equity indices traded with major losses in early afternoon trade, weighed down by profit booking and weakness in index heavyweights, despite easing U.S.-China tensions. The Nifty slipped below the 24,750 mark. Pharma shares witnessed buying demand for the second consecutive trading session. At 12:25 IST, the barometer index, the S&P BSE Sensex, declined 874.63 points or 1.07% to 81,551.37. The Nifty 50 index slipped 204.75 points or 0.82% to 24,719.95. In the broader market, the S&P BSE Mid-Cap index rose 0.57% and the S&P BSE Small-Cap index added 1%. The market breadth was strong. On the BSE, 2,527 shares rose and 1,247 shares fell. A total of 164 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, up 0.39% to 18.47. The Nifty 29 May 2025 futures were trading at 24,813.20, at a premium of 93.25 points as compared with the spot at 24,719.95. The Nifty option chain for the 29 May 2025 expiry showed a maximum call OI of 45.1 lakh contracts at the 25,000 strike price. A maximum put OI of 60.6 lakh contracts was seen at a 24,000 strike price. Buzzing Index: The Nifty Pharma index jumped 1.58% to 21,436.95. The index rose 1.73% in two consecutive trading sessions. Granules India (up 4.02%), Ajanta Pharma (up 4%), Lupin (up 3.15%), Divis Laboratories (up 3.03%) Ipca Laboratories (up 3.01%), Glenmark Pharmaceuticals (up 2.91%), Aurobindo Pharma (up 2.8%), Dr Reddys Laboratories (up 1.79%), Alkem Laboratories (up 1.63%) and Zydus Lifesciences (up 1.6%) surged. Stocks in Spotlight: Larsen & Toubro (L&T) rose 0.03%. The company announced that its Buildings & Factories (B&F) vertical has secured large new orders from various state and central government undertakings in India. he value of the contract, according to L&T's internal classification, ranges between Rs 2,500 crore and Rs 5,000 crore. Zaggle Prepaid Ocean Services rallied 7.04% after the company's standalone net profit climbed 66.8% to Rs 31.96 crore on a 50.5% increase in revenue from operations to Rs 411.45 crore in Q4 FY25 over Q4 FY24. Krishna Institute of Medical Sciences rose 0.51%. The company's consolidated net profit jumped 55.41% to Rs 101.80 crore on 25.73% rise in revenue from operations to Rs 796.90 crore in Q4 FY25 over Q4 FY24.Powered by Capital Market - Live

The value of the contract, according to L&T's internal classification, ranges between Rs 2,500 crore and Rs 5,000 crore. The contract has been awarded by the Central Public Works Department (CPWD) for the construction of Common Central Secretariat buildings 6 and 7 in New Delhi. The project includes two buildings with a configuration of one basement, two podiums, an upper ground level, and six floors. L&T's scope of work comprises the civil structure, finishes, associated mechanical, electrical, and plumbing (MEP) services, external development and five years of operation and maintenance. In another win, the B&F vertical has bagged a design and construction order from the Government of Andhra Pradesh for building the new State Legislative Assembly. The structure will feature one basement, a ground floor and three upper floors. The company said that both projects are to be executed within a stringent timeline of 18 months. Larsen & Toubro is an Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. The company reported a consolidated profit after tax of Rs 5,497 crore in Q4 March 2025, reflecting a year-on-year growth of 25%. Consolidated revenue for the quarter stood at Rs 74,392 crore, marking a year-on-year increase of 11%. The counter rose 0.35% to Rs 3,599 on the BSE. Powered by Capital Market - Live

The Buildings & Factories (B&F) vertical of L&T has secured large orders from various state and central government undertakings in India. According to the company's project classification, the orders are valued in the range of Rs 2,500 crore to Rs 5,000 crore. It has secured an engineering, procurement & construction (EPC) order from the Central Public Works Department (CPWD) for the construction of Common Central Secretariat buildings 6 & 7 in New Delhi. The project encompasses two buildings of 1 basement + 2 podiums + upper ground + 6 floors configuration. L&T's scope involves civil structure, finishes, associated MEP services, as well as external development within the site, and operation & maintenance for five years. B&F has also secured a design & construction order from the Government of Andhra Pradesh for the construction of the State Legislative Assembly. The project scope includes construction of the Assembly building having one basement + ground + 3 floors configuration. Both these projects are to be executed within a stringent timeline of 18 months.Powered by Capital Market - Live

The frontline indices traded with significant losses in afternoon trade, as escalating tensions between India and Pakistan'intensified by the ongoing Operation Sindoor'kept investors on edge. Market sentiment is likely to remain volatile in the near term, driven by uncertainty surrounding geopolitical developments and upcoming U.S. trade policy updates. The Nifty slipped below the 24,000 level. Realty, private bank, pharma and FMCG shares declined while PSU Bank and auto shares advanced. At 13:26 IST, the barometer index, the S&P BSE Sensex, dropped 930.17 points or 1.16% to 79,404.08. The Nifty 50 index tumbled 292.50 points or 1.21% to 23,981.30. In the broader market, the S&P BSE Mid-Cap index fell 0.76% and the S&P BSE Small-Cap index dropped 1.10%. Sellers outnumbered buyers. On the BSE, 834 shares rose and 2,909 shares fell. A total of 143 shares were unchanged. India-Pakistan Tensions Escalate: Amid rising tensions with Pakistan, India has ramped up security in New Delhi by deploying additional forces and intensifying police surveillance. The move follows India's successful neutralization of multiple Pakistani drone and missile attacks targeting military sites in Jammu, Pathankot, and Udhampur, along with similar threats in 15 other northern and western locations. No casualties were reported. A major infiltration attempt along the international border in Samba was also foiled. Meanwhile, Pakistan conducted heavy shelling along the Line of Control in Poonch, Rajouri, Uri, and Chowkibal Kupwara, resulting in property damage and the reported death of a woman in Uri. The developments come in the aftermath of the April 22 Pahalgam terror attack, which claimed 26 lives. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 2.46% to 21.53. Gainers & Losers: Larsen & Toubro (up 3.69%), Titan Company (up 3.58%), Tata Motors (up 3.32%), Bharata Electronics (up 2.60%) and Hero Motocorp (up 1.39%) were the major Nifty gainers. Larsen & Toubro jumped 3.69% after the company reported a consolidated profit after tax at Rs 5,497 crore in Q4 March 2025, a growth of 25% on year-on-year basis. In Q4 March 2025, the consolidated revenues were at Rs 74,392 crore, a y-o-y growth of 11%. ICICI Bank (down 2.90%), Powergird Corporation of India (down 2.64%), Shriram Finance (down 2.46%), Apollo Hospitals Enterprise (down2.25%) and Ultratech Cement (down2.25%) were the major nifty losers. Stocks in Spotlight: REC declined 2.27%. The company reported a consolidated net profit rose 5.66% to Rs 4,309.98 crore in Q4 FY25 as against Rs 4,079.09 crore posted in Q4 FY24. Total income stood at Rs 15,348.37 crore in the quarter ended 31 March 2025, up 20.78% from Rs 12,706.66 crore reported in the same period a year ago. Sula Vineyards rose 0.24. The company reported consolidated net profit fell 3.84% to Rs 13.03 crore in Q4 FY25 as against Rs 13.55 crore posted in Q4 FY24. Revenue from operations (excluding excise duty) rose 2.6% YoY to Rs 125.71 crore during the quarter. Aarti Industries added 1.13% after the company's consolidated net profit surged 108.7% to Rs 96 core during the quarter as compared with Rs 46 crore posted in Q3 FY25. Revenue from operations increased 8.64% to Rs 2,214 crore in Q4 FY25 as compared with Rs 2,038 crore in Q3 FY25. Titan Company added 3.71% after the company's consolidated net profit jumped 12.97% to Rs 871 crore in Q4 FY25 as compared with Rs 771 crore in Q4 FY24. Revenue from operations increased 23.76% year on year to Rs 13,897 crore in Q4 FY25. Britannia Industries rose 0.45%. The company consolidated net profit increased 4.02% to Rs 559.95 crore on 8.29% jump in revenue from operations to Rs 4,495.21 crore in Q4 FY25 over Q4 FY24. Zee Entertainment Enterprises shed 0.25%. the company has reported a net profit of Rs 188.4 crore in Q4 FY25, which is significantly higher as compared with the PAT of Rs 13.4 crore recorded in Q4 FY24. Operating revenue rose by 1% year-over-year (YoY) to Rs 2184.1 crore during the period under review. Global Markets: European market advanced after the U.K. and U.S. confirmed a trade agreement, and investors look ahead to the U.S.-China trade negotiations set to begin this weekend. Investors will be digesting earnings updates from German lender Commerzbank and Italy's Mediobanca, both acquisition targets for UniCredit. Portugal's utility company EDP is also revealing its quarterly results after a major power outage earlier this month. Most Asian stocks advanced on Friday as investors awaited China's trade data for April. Concerns persisted over a potential deceleration in Chinese export growth due to recently imposed U.S. tariffs. Additionally, market sentiment remained cautious amid uncertainty surrounding the outcome of scheduled trade discussions between the United States and China in Switzerland. On Wall Street, major indices advanced after U.S. President Donald Trump outlined a preliminary trade agreement with the United Kingdom ' the first such deal since the U.S. halted its broader reciprocal tariff measures in April. According to the initial framework, the U.S. will maintain a 10% tariff on UK imports. In return, the UK will reduce its tariff rate from 5.1% to 1.8% and offer expanded access to U.S. goods. Imports of steel and aluminum from the UK will also be exempt from the existing 25% U.S. levy. While investors interpreted the framework as a sign of potential future trade progress, the lack of a signed agreement or detailed documentation limited market certainty. President Trump indicated that final terms are still being finalized and are expected to be formalized in the coming weeks. The Dow Jones Industrial Average rose by 0.62%, the S&P 500 increased 0.58%, and the Nasdaq Composite climbed 1.07%. In corporate earnings news, shares of Kenvue Inc gained 4% following better-than-expected first-quarter results. Tapestry Inc rose nearly 4% after the company raised its annual earnings outlook. Conversely, Restaurant Brands International declined slightly after reporting revenue and profit below estimates. Shares of Arm Holdings fell 6% following the release of weaker-than-expected guidance. The number of Americans filing new applications for unemployment benefits fell more than expected last week, as initial claims for state unemployment benefits dropped 13,000 to a seasonally adjusted 228,000 for the week ended May 3, the Labor Department said on Thursday.Powered by Capital Market - Live

In Q4 March 2025, the consolidated revenues were at Rs 74,392 crore, a y-o-y growth of 11%. The share of international revenues during the quarter was 49% as against 45% in the corresponding quarter of the previous year. EBITDA rose 13% y-o-y to Rs 8,203 crore in Q4 March 2025. The order inflow for the quarter ended 31 March 2025 stood at Rs 89,613 crore, registering a strong growth of 24% y-o-y. International orders at Rs 62,739 crore during the quarter constituted 70% of the total. The consolidated order book of the group as on 31 March 2025, is at Rs 579,137 crore, registering a growth of 22% over March 2024, with the share of international orders at a healthy 46%. The board has recommended a final dividend of Rs 34 per equity share, for the approval of shareholders. The company achieved consolidated revenues of Rs 255,734 crore for the year ended March 2025, a y-o-y growth of 16% mainly on the back of large order book and ramp up in execution momentum across Projects & Manufacturing (P&M) businesses. International revenues during the year at Rs 127,566 crore constituted 50% of the total revenues, reflecting improved execution in international P&M portfolio. The company for the year ended March 2025, posted a consolidated profit after tax (PAT) of Rs 15,037 crore, a growth of 15% compared to the previous year. The PAT includes an exceptional gain (net of tax) of Rs 475 crore, attributable to the partial reversal of an earlier impairment provision for funded resources in the erstwhile L&T Special Steels and Heavy Forgings (LTSSHF) joint venture. The infrastructure projects segment secured order inflow of Rs 173,226 crore, during the year ended March 2025, registering a growth of 21% on y-o-y basis. The segment order book stood at Rs 357,053 crore as on March 2025, with the share of international orders at 39%. The energy projects segment secured orders valued at Rs 87,569 crore during the year ended March 2025 registering a robust growth of 19% on y-o-y basis aided by receipt of orders in both CarbonLite Solutions and Hydrocarbon businesses respectively. International order inflow constituted 60% of the total order inflow during the year. The segment order book was at Rs 165,754 crore as on March 31, 2025, with the international order book constituting 73%. In its outlook, L&T said it will focus on timely execution of its large order book, preservation of liquidity and optimum use of capital and other resources while remaining cautiously optimistic on the emerging new opportunities. The company will pursue its stated objective of enhancing returns to its shareholders on a sustained basis. Larsen & Toubro is a Indian multinational engaged in EPC projects, hi-tech manufacturing, and services. Powered by Capital Market - Live

Larsen & Toubro Ltd gained 3.12% today to trade at Rs 3424.1. The BSE Capital Goods index is up 0.84% to quote at 62339.37. The index is up 8.77 % over last one month. Among the other constituents of the index, Bharat Electronics Ltd increased 1.83% and Bharat Dynamics Ltd added 1.69% on the day. The BSE Capital Goods index went up 2.65 % over last one year compared to the 10.3% surge in benchmark SENSEX. Larsen & Toubro Ltd has added 11.93% over last one month compared to 8.77% gain in BSE Capital Goods index and 8.15% rise in the SENSEX. On the BSE, 37612 shares were traded in the counter so far compared with average daily volumes of 98230 shares in the past one month. The stock hit a record high of Rs 3963 on 10 Dec 2024. The stock hit a 52-week low of Rs 2967.65 on 07 Apr 2025.Powered by Capital Market - Live

Net profit of Larsen & Toubro rose 25.05% to Rs 5497.26 crore in the quarter ended March 2025 as against Rs 4396.12 crore during the previous quarter ended March 2024. Sales rose 10.90% to Rs 74392.28 crore in the quarter ended March 2025 as against Rs 67078.68 crore during the previous quarter ended March 2024. For the full year,net profit rose 15.15% to Rs 15037.11 crore in the year ended March 2025 as against Rs 13059.11 crore during the previous year ended March 2024. Sales rose 15.66% to Rs 255734.45 crore in the year ended March 2025 as against Rs 221112.91 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales74392.2867078.68 11 255734.45221112.91 16 OPM %13.2812.90 -12.8013.21 - PBDT8591.667349.43 17 27225.1924105.83 13 PBT7539.246328.23 19 23104.0120423.50 13 NP5497.264396.12 25 15037.1113059.11 15 Powered by Capital Market - Live

Larsen & Toubro has fixed 03 June 2025 as record date for determining the entitlement of members for the proposed final dividend of Rs 34 per equity share of face value of Rs 2 each for FY 2025. Powered by Capital Market - Live

Larsen & Toubro announced that the 80th Annual General Meeting(AGM) of the company will be held on 17 June 2025.Powered by Capital Market - Live

Larsen & Toubro announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 34 per equity Share (i.e. 1700%) , subject to the approval of the shareholders.Powered by Capital Market - Live