Larsen & Toubro shares rallied over 3% in early morning trade after the company reported its consolidated Q3 FY26 financial results, which showed steady revenue growth and improved operating margins despite a marginal decline in net profit.
In early trade, L&T shares gained more than 3% as investors reacted positively to the company’s strong topline performance and healthy order book position. The buying interest was supported by improved EBITDA growth and margin expansion on a year-on-year basis.
For Q3 FY26 on a consolidated basis, Larsen & Toubro reported revenue of ₹71,450 crore, marking a growth of 10.5% compared with ₹64,668 crore in the same quarter last year. The revenue growth reflects sustained execution across key infrastructure, energy, and services segments.
EBITDA for the quarter rose 18.6% year-on-year to ₹7,417 crore from ₹6,255 crore in Q3 FY25. Operating performance improved during the quarter, with EBITDA margin expanding to 10.4% compared with 9.7% in the corresponding period last year, indicating better cost control and operating efficiency.
Net profit, however, declined 4.3% on a year-on-year basis to ₹3,215 crore, compared with ₹3,359 crore in Q3 FY25.
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