L&T's FY26 Profit Hit by One-Time Charge; Announces Major Divestments
Larsen & Toubro Ltd · LT · BSE ·
FY26 revenue grew 11.8% to ₹2,85,874 Cr. Net profit rose 7% to ₹16,084 Cr, impacted by a significant one-time charge. Recorded a one-time exceptional loss of ₹1,722 Cr for FY26 due to a provision for employee benefits under the new 'New Labour Codes'. Announced plans to sell its…