General information about company |
|||
|---|---|---|---|
| Scrip Code | 500510 | ||
| NSE Symbol | LT | ||
| MSEI Symbol | NOTLISTED | ||
| ISIN | INE018A01030 | ||
| Name of company | LARSEN & TOUBRO LIMITED | ||
| Type of company | Main Board | ||
| Class of security | Equity | ||
| Date of start of financial year | 01-Apr-2025 | ||
| Date of end of financial year | 31-Mar-2026 | ||
| Date of board meeting when results were approved | 29-Jul-2025 | ||
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 15-Jul-2025 | ||
| Description of presentation currency | INR (in Actuals) | ||
| Reporting Type | Quarterly | ||
| Reporting Quarter | First quarter | ||
| Nature of report standalone or consolidated | Consolidated | ||
| Whether results are audited or unaudited for the quarter ended | Unaudited | ||
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |||
| Segment Reporting | Multi segment | ||
| Description of single segment | |||
| Start date and time of board meeting | 29-Jul-2025 13:45:00 | ||
| End date and time of board meeting | 29-Jul-2025 16:30:00 | ||
| Whether cash flow statement is applicable on company | |||
| Type of cash flow statement | |||
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable | ||
Financial Results Ind-AS |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Part I | Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column. | ||
| 1 | Income | ||
| Revenue from operations | 636789200000 | ||
| Other income | 13567800000 | ||
| Total income | 650357000000 | ||
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 216102500000 | |
| (b) | Purchases of stock-in-trade | 2123600000 | |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | -4933000000 | |
| (d) | Employee benefit expense | 126384400000 | |
| (e) | Finance costs | 7816100000 | |
| (f) | Depreciation, depletion and amortisation expense | 10333000000 | |
| (f) | Other Expenses | ||
| 1 | Sub-contracting charges | 113570600000 | 113570600000 |
| 2 | Other manufacturing, construction and operating expenses | 75444500000 | 75444500000 |
| 3 | Finance cost of financial services business and finance lease activity | 17063500000 | 17063500000 |
| 4 | Sales, administration and other expenses | 27856500000 | 27856500000 |
| Total other expenses | 233935100000 | ||
| Total expenses | 591761700000 | ||
| 3 | Total profit before exceptional items and tax | 58595300000 | |
| 4 | Exceptional items | 0 | |
| 5 | Total profit before tax | 58595300000 | |
| 6 | Tax expense | ||
| 7 | Current tax | 15185000000 | |
| 8 | Deferred tax | 154600000 | |
| 9 | Total tax expenses | 15339600000 | |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0 | |
| 11 | Net Profit Loss for the period from continuing operations | 43255700000 | |
| 12 | Profit (loss) from discontinued operations before tax | 0 | |
| 13 | Tax expense of discontinued operations | 0 | |
| 14 | Net profit (loss) from discontinued operation after tax | 0 | |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | -74000000 | |
| 16 | Total profit (loss) for period | 43181700000 | |
| 17 | Other comprehensive income net of taxes | 11589100000 | |
| 18 | Total Comprehensive Income for the period | 54770800000 | |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 36171900000 | ||
| Total profit or loss, attributable to non-controlling interests | 7009800000 | ||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 47744900000 | ||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 7025900000 | ||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 2750700000 | ||
| Face value of equity share capital | 2 | ||
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 26.3 | ||
| Diluted earnings (loss) per share from continuing operations | 26.29 | ||
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | ||
| Diluted earnings (loss) per share from discontinued operations | 0 | ||
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 26.3 | ||
| Diluted earnings (loss) per share from continuing and discontinued operations | 26.29 | ||
| 24 | Debt equity ratio | 0.0113 | |
| 25 | Debt service coverage ratio | 0.0068 | |
| 26 | Interest service coverage ratio | 0.0715 | |
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
Disclosure of notes on financial results |
|||
|---|---|---|---|
| Textual Information(1) | i. During the quarter, the Company has allotted 1,67,261 equity shares of Rs. 2 each fully paid up, on exercise of stock options by employees in accordance with the Company s stock option schemes. n nii. Figures for the quarter ended March 31, 2025 represent the difference between audited figures for the financial year ended March 31, 2025 and the limited reviewed figures for the nine months period ended December 31, 2024. n niii. The Company reports its consolidated financial results on a quarterly basis. The standalone financial results are available on the Company s website viz. www.larsentoubro.com and on the websites of BSE www.bseindia.com and NSE www.nseindia.com. The specified items of the standalone financial results of the Company for the quarter ended June 30, 2025 are given below n n n....................................................................................................................................... n Rs. Crore nParticulars Quarter ended n June 30, 2025 March 31, 2025 June 30, 2024 n Reviewed Reviewed Reviewed n Note ii n....................................................................................................................................... na. Revenue from operations 33470.73 42328.96 30277.15 nb. Profit before exceptional items and tax 4040.09 3964.04 3393.72 nc. Profit before tax 4040.09 4438.82 3393.72 nd. Net profit after tax 3485.30 3508.99 2969.09 n n...................................................................................................................................... n n..................................................................................................................... n Rs. Crore nParticulars Year ended n March 31, 2025 n Audited n..................................................................................................................... na. Revenue from operations 142509.01 nb. Profit before exceptional items and tax 13098.98 nc. Profit before tax 13573.76 nd. Net profit after tax 10870.72 n n..................................................................................................................... n niv. Figures for the previous periods have been regrouped or reclassified to conform to the classification of the current period. n nv. The above consolidated financial results of the Parent Company including its Subsidairies, Associates and Joint Ventures have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standards Ind AS as prescribed under section 133 of the Companies Act, 2013 read with the relevant rules issued thereunder and the other accounting principles generally accepted in India. These results have been reviewed by the Audit Committee and approved by the Board of Directors at its meeting held on July 29, 2025. The same have also been subjected to Limited Review by the Statutory Auditors. | ||
Remarks |
|
|---|---|
| Debt equity ratio | |
| Debt service coverage ratio | |
| Interest service coverage ratio | |
Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results |
|||||||
|---|---|---|---|---|---|---|---|
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
| Date of start of reporting period | 01-Apr-2025 | ||||||
| Date of end of reporting period | 30-Jun-2025 | ||||||
| Whether accounts are audited or unaudited | Unaudited | ||||||
| Nature of report standalone or consolidated | Consolidated | ||||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Infrastructure Projects | 290313600000 | 290313600000 | ||||
| 2 | Energy Projects | 124743100000 | 124743100000 | ||||
| 3 | Hi-Tech Manufacturing | 33621100000 | 33621100000 | ||||
| 4 | IT & Technology Services | 126790400000 | 126790400000 | ||||
| 5 | Financial Services | 39710100000 | 39710100000 | ||||
| 6 | Development Projects | 12423700000 | 12423700000 | ||||
| 7 | Others | 15192200000 | 15192200000 | ||||
| 8 | Add: Exceptional items (net of tax) | 0 | 0 | ||||
| 9 | Less: Inter-segment assets | 0 | 0 | ||||
| 10 | Less: Inter-segment liabilities | 0 | 0 | ||||
| 11 | (Add)/Less: Inter-segment margins on capital jobs | 0 | 0 | ||||
| Total Segment Revenue | 642794200000 | ||||||
| Less: Inter segment revenue | 6005000000 | 6005000000 | |||||
| Revenue from operations | 636789200000 | ||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Infrastructure Projects | 12732700000 | 12732700000 | ||||
| 2 | Energy Projects | 8418700000 | 8418700000 | ||||
| 3 | Hi-Tech Manufacturing | 4293500000 | 4293500000 | ||||
| 4 | IT & Technology Services | 20453300000 | 20453300000 | ||||
| 5 | Financial Services | 9432100000 | 9432100000 | ||||
| 6 | Development Projects | 1432500000 | 1432500000 | ||||
| 7 | Others | 4242200000 | 4242200000 | ||||
| 8 | Add: Exceptional items (net of tax) | 0 | 0 | ||||
| 9 | Less: Inter-segment assets | 0 | 0 | ||||
| 10 | Less: Inter-segment liabilities | 0 | 0 | ||||
| 11 | (Add)/Less: Inter-segment margins on capital jobs | -161500000 | -161500000 | ||||
| Total Profit before tax | 60843500000 | ||||||
| i. Finance cost | 7816100000 | 7816100000 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | -5567900000 | -5567900000 | |||||
| Profit before tax | 58595300000 | ||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Infrastructure Projects | 1001832700000 | 1001832700000 | ||||
| 2 | Energy Projects | 294185700000 | 294185700000 | ||||
| 3 | Hi-Tech Manufacturing | 152117900000 | 152117900000 | ||||
| 4 | IT & Technology Services | 492754500000 | 492754500000 | ||||
| 5 | Financial Services | 1202885000000 | 1202885000000 | ||||
| 6 | Development Projects | 246557300000 | 246557300000 | ||||
| 7 | Others | 165824600000 | 165824600000 | ||||
| 8 | Add: Exceptional items (net of tax) | 0 | 0 | ||||
| 9 | Less: Inter-segment assets | -59349300000 | -59349300000 | ||||
| 10 | Less: Inter-segment liabilities | 0 | 0 | ||||
| 11 | (Add)/Less: Inter-segment margins on capital jobs | 0 | 0 | ||||
| Total Segment Asset | 3496808400000 | 3496808400000 | |||||
| Un-allocable Assets | 335674900000 | 335674900000 | |||||
| Net Segment Asset | 3832483300000 | 3832483300000 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Infrastructure Projects | 712780600000 | 712780600000 | ||||
| 2 | Energy Projects | 294473300000 | 294473300000 | ||||
| 3 | Hi-Tech Manufacturing | 114043100000 | 114043100000 | ||||
| 4 | IT & Technology Services | 115417700000 | 115417700000 | ||||
| 5 | Financial Services | 964257000000 | 964257000000 | ||||
| 6 | Development Projects | 65540100000 | 65540100000 | ||||
| 7 | Others | 76683400000 | 76683400000 | ||||
| 8 | Add: Exceptional items (net of tax) | 0 | 0 | ||||
| 9 | Less: Inter-segment assets | 0 | 0 | ||||
| 10 | Less: Inter-segment liabilities | -59349300000 | -59349300000 | ||||
| 11 | (Add)/Less: Inter-segment margins on capital jobs | 0 | 0 | ||||
| Total Segment Liabilities | 2283845900000 | 2283845900000 | |||||
| Un-allocable Liabilities | 393390100000 | 393390100000 | |||||
| Net Segment Liabilities | 2677236000000 | 2677236000000 | |||||
| Disclosure of notes on segments | Textual Information(2) | ||||||
Text Block |
|
|---|---|
| Textual Information(2) | I. The Group has reported segment information as per Ind AS 108 Operating Segments. The identification of operating segments is consistent with performance assessment and resource allocation by the management. n nII. The Segment composition n nInfrastructure Projects segment comprises engineering and construction of a. building and factories, b. transportation infrastructure, c. heavy civil infrastructure, d. power transmission and distribution, e. renewables, f. water and effluent treatment and g. minerals and metals. Energy Projects segment comprises of a. Hydrocarbon Onshore and Offshore businesses covering EPC solutions in oil and gas, refineries, petrochemicals and offshore wind energy sectors, from front-end design through detailed engineering, modular fabrication, procurement, project management, construction, installation and commissioning, b. CarbonLite Solutions business covering EPC solutions for power generation plants including power generation equipment with associated systems and or carbon capture utilisation and utility packages and c. EPC solutions in green and clean energy space. Hi Tech Manufacturing segment comprises design, manufacture or construct, supply and revamp or retrofit of a. custom designed, engineered critical equipment and systems to the process plant, nuclear energy and green hydrogen sectors, b. marine and land platforms including related equipment and systems, aerospace products and systems, precision and electronic products and systems for the defence, security, space and industrial sectors and c. electrolysers. IT and Technology Services segment comprises a. information technology and integrated engineering services including smart infrastructure and communication projects, b. e commerce or digital platforms, cloud services and data centres and c. semiconductor chip design. Financial Services segment primarily comprises retail finance. Development Projects segment comprises a. development, operation and maintenance of metro project, including transit oriented development, b. toll roads upto the date of divestment and c. power generation and development i. thermal power and ii. green energy. Others segment includes a. realty, b. manufacture and sale of industrial valves, c. manufacture upto the date of sale, marketing and servicing of construction equipment, mining machinery and parts thereof, d. manufacture and sale of components of construction equipment and e. manufacture and sale of rubber processing machinery. n nIII. Segment revenue comprises sales and operational income allocable specifically to a segment and includes in the case of Development Projects and Realty business grouped under Others segment, profits on sale of business undertaking or stake in the subsidiary and or joint venture companies in those segments. Segment result represents profit before interest and tax. Unallocable corporate income includes majorly interest income, dividends and investment related gains. Unallocable expenditure includes majorly corporate expenses not allocated to segments. nUnallocable corporate assets comprise majorly investments. Investment in joint ventures and associates identified with a particular segment are reported as part of the segment assets of those respective segments. Unallocable corporate liabilities comprise majorly borrowings. In respect of a. Financial Services segment and b. Development Projects segment relating to a power generation asset given on finance lease, segment liabilities include borrowings as finance costs on the borrowings are accounted as segment expense. n nIV. In respect of segments of the Group, revenue and margin do not accrue uniformly during the year. n nV. Figures for the quarter ended March 31, 2025 represent the difference between audited figures for the financial year ended March 31, 2025 and the limited reviewed figures for the nine months period ended December 31, 2024. n nVI. Figures for the previous periods have been regrouped or reclassified to conform to the classification of the current period. |
Other Comprehensive Income |
|||
|---|---|---|---|
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
| A | Date of start of reporting period | 01-Apr-2025 | |
| B | Date of end of reporting period | 30-Jun-2025 | |
| C | Whether results are audited or unaudited | Unaudited | |
| D | Nature of report standalone or consolidated | Consolidated | |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | Gain/(loss) on remeasurements of the net defined benefit plans | -905100000 | -905100000 |
| 2 | Share in Other comprehensive income of joint ventures/associates (net) | -1700000 | -1700000 |
| Total Amount of items that will not be reclassified to profit and loss | -906800000 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | -269500000 | |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| 1 | Debt instruments through Other comprehensive income | 1972000000 | 1972000000 |
| 2 | Exchange differences in translating the financial statements of foreign operations | 974900000 | 974900000 |
| 3 | Effective portion of gains/(losses) on hedging instruments in a cash flow hedge | 11070400000 | 11070400000 |
| 4 | Cost of hedging reserve | -584900000 | -584900000 |
| 5 | Share in Other comprehensive income of joint ventures/associates (net) | 23300000 | 23300000 |
| Total Amount of items that will be reclassified to profit and loss | 13455700000 | ||
| 4 | Income tax relating to items that will be reclassified to profit or loss | 1229300000 | |
| 5 | Total Other comprehensive income | 11589100000 | |