L&T shares fall over 1% as stock trades ex-date for ₹34 apiece final dividend; check details

The record date for the announced dividend is also today.

Last seen, the stock was trading at ₹3,645 on the BSE, down 1.03%. On the NSE, the stock was down 1.05% at ₹3,641.

L&T Q4 FY25 Results

Larsen & Toubro (L&T) reported a 25% increase in consolidated profit after tax (PAT) to ₹5,497 crore for the quarter ended on March 31, 2025, supported by higher revenues and an exceptional gain.

The company had posted a PAT of ₹4,396 crore for the year-ago period, L&T said in a filing to BSE.

Revenue from operations increased to ₹74,392.28 crore over ₹67,078.68 crore in the year-ago period, the filing said.

L&T President, Whole-time Director and Chief Financial Officer R. Shankar Raman told reporters that FY'25 has been an outstanding year for the company and L&T exceeded most of the financial goals that it set for itself during the year.

The achievement, Raman said, is more considerable considering the tough environment that the company was operating in.

The company posted a consolidated PAT of ₹15,037 crore for the year ended March 31, 2025, registering a growth of 15% compared to the previous year.

The PAT includes an exceptional gain (net of tax) of ₹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 Private Limited (LTSSHF) joint venture.

L&T Dividend: Other key details

• During the Q4 FY25 earnings announcement, L&T said that the company's board has recommended a final dividend of ₹34 per share of the face value of ₹2 each for the financial year ended March 31, 2025 (previous year's final dividend was ₹28 per share). The company said it would arrange to pay the proposed final dividend after approval of the shareholders in the ensuing annual general meeting (AGM).

• Further, L&T said that the 80th AGM of the company will be convened on Tuesday, June 17, 2025, at 3.00 p.m. (IST) through video conferencing/other audio-visual means, in accordance with the circulars issued by the Ministry of Corporate Affairs ("MCA circulars").

• "The company has also fixed Tuesday, June 10, 2025, as the cut-off date for the purpose of ascertaining the members eligible for e-voting on the businesses to be transacted as per the Notice of the AGM," the press release added.