Larsen & Toubro (L&T), a major player in the infrastructure sector, reported a 3% year-on-year decline in consolidated net profit to ₹5,325.60 crore for the fourth quarter of the financial year 2025-26 (FY26). This drop was attributed to an exceptional gain in the previous year, with only limited effects from the ongoing conflict in West Asia, according to the company's management. Despite the profit decline, L&T's revenue from operations rose 11% year-on-year to ₹82,762.16 crore. The company secured a consolidated order inflow of ₹89,772 crore across various sectors, including commercial and residential buildings, roads, urban transport, and hydrocarbon projects. As of March 31, 2026, L&T's consolidated order book stood at ₹7.40 lakh crore, reflecting a 28% increase from the previous year, with international orders making up 52% of the total. The board has recommended a final dividend of ₹38 per share, pending shareholder approval. For the entire fiscal year, L&T reported a 7% growth in consolidated net profit to ₹16,084 crore, with revenue from operations increasing 12% to ₹2.85 lakh crore. The company anticipates challenges in the first half of FY27 due to potential supply chain disruptions and rising input costs stemming from geopolitical tensions but expects revenue growth of 10-12%.