Daily Mirror.News, Mumbai, May 10, 2025:Larsen & Toubro (L&T) has reported another year of robust performance, with significant growth in its order inflows, revenue, and profit after tax (PAT) for the financial year ending March 31, 2025.

Key Highlights:

  • Order Inflow: ₹ 356,631 crore, reflecting a strong 18% year-on-year (y-o-y) growth.
  • Revenue: ₹ 255,734 crore, up 16% y-o-y.
  • Profit After Tax (PAT): ₹ 15,037 crore, a 15% increase y-o-y.
  • Dividend: A final dividend of ₹ 34 per equity share has been recommended by the Board.

Performance Breakdown:

  • Order Inflow: The company achieved an order inflow exceeding ₹ 3.5 lakh crore for FY’25, with international orders accounting for 58% of the total. For Q4 FY’25, the order inflow stood at ₹ 89,613 crore, marking a 24% growth y-o-y.
  • Revenue: The company’s consolidated revenues for FY’25 reached ₹ 255,734 crore, driven by a large order book and increased execution momentum across Projects & Manufacturing businesses. International revenues accounted for 50% of total revenues.
  • Profit After Tax (PAT): PAT for FY’25 stood at ₹ 15,037 crore, reflecting a growth of 15% from the previous year. The PAT includes a one-time exceptional gain of ₹ 475 crore, related to the reversal of impairment provisions for a joint venture.

Segment Performance:

  • Infrastructure Projects: The segment recorded an order inflow of ₹ 173,226 crore, a growth of 21% y-o-y. International orders constituted 61% of the total order inflow. The segment’s revenues grew by 15%, with international revenues making up 41% of the total.
  • Energy Projects: With orders valued at ₹ 87,569 crore, the segment saw a 19% growth y-o-y, driven by CarbonLite Solutions and Hydrocarbon businesses. International order inflow accounted for 60%.
  • Hi-Tech Manufacturing: The segment secured ₹ 18,282 crore in orders, growing by 28% y-o-y. Customer revenues grew by 18%, driven by progress in Precision Engineering & Systems.
  • IT & Technology Services: Despite a subdued global macro environment, this segment recorded revenues of ₹ 47,845 crore, a modest growth of 8%. International billing accounted for 92% of the total revenues.
  • Financial Services: The segment saw a 16% increase in income from operations to ₹ 15,194 crore, driven by retail disbursements. The loan book grew by 14%, with retail loans now constituting 97%.

Outlook for FY 2024-25:

  • The Indian economy is expected to grow between 6.25% and 6.50% for FY 2024-25, with strong growth in sectors such as services and industry.
  • Despite global uncertainties, the Indian economy remains resilient, supported by government capital expenditure and high consumption.
  • The focus on infrastructure, energy transition, and digitalization positions L&T well for sustained growth in the coming year.

Conclusion:

Larsen & Toubro continues to demonstrate resilience with a diversified order book and solid growth across its core and new-age businesses. The company’s performance reflects its ability to adapt to global challenges while positioning itself for future-ready growth.