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1900% Dividend Alert: L&T declares Rs 38 per share final dividend for FY26; check record date
Mega payout announced with higher dividend year-on-year as investors eye record date and payout timeline.
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L&T declares Rs 38 per share final dividend for FY26, translating to a 1,900 per cent payout on face value of Rs 2.
Written By: Shweta Birendra Shukla
Updated: Tue, May 05, 2026
05:29 PM IST
05:29 PM IST
New Delhi
L&T Dividend Announced: Engineering major Larsen & Toubro Ltd. has announced a final dividend of Rs 38 per share for the financial year ended March 31, 2026, translating into a 1,900 per cent payout on the face value of Rs 2. This marks an increase from the previous year’s final dividend of Rs 34 per share.
The dividend is subject to shareholder approval at the upcoming Annual General Meeting (AGM) and is expected to be paid on or around June 10, 2026. The company has fixed Friday, May 22, 2026 as the record date to determine eligible shareholders.
The company reported a consolidated net profit of Rs 5,326 crore for the quarter ended March 31, almost in line with Street estimates. The net profit marked a year-on-year decline of 3.1 per cent. For the final three months of FY25, L&T's net profit had stood at Rs 5,497 crore.
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The company's March-quarter revenue grew 11.3 per cent on a year-on-year basis to Rs 82,762 crore, according to a regulatory filing. The company had posted Rs 74,392 crore in the top line for the year-ago period.
L&T Q4 FY26 Results: Top and bottom lines vs estimates
The company's revenue was in line with analysts' expectations and its net profit nearly met the mark.
According to Zee Business research, L&T was estimated to log a net profit of Rs 5,359 crore with revenue of Rs 82,557 crore for the March quarter.
L&T share price vs Nifty 50
Earlier on Tuesday, the L&T stock ended 1.1 per cent lower at Rs 4,056.2 apiece on BSE.
At this level, L&T shares are down 1.6 per cent for the year, while the Nifty50 has dropped 8.1 per cent.
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Shweta Birendra Shukla
Shweta Birendra Shukla
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