L&T shares climb nearly 4%

New Delhi: Shares of infrastructure major Larsen & Toubro (L&T) climbed nearly 4 per cent after the company’s consolidated revenue from operations in the October-December quarter rose by 10 per cent. The stock rallied 3.66 per cent to settle at Rs 3,932.45 on the BSE.

During the day, it jumped 4.38 per cent to Rs 3,960. At the NSE, it climbed 3.66 per cent to end at Rs 3,932.90. The company’s market valuation surged Rs 19,093.07 crore to Rs 5,40,940.30 crore. The consolidated revenue from operations in the October-December period rose by 10 per cent to Rs 71,450 crore, over Rs 64,668 crore in the year-ago period, L&T said in a filing to the BSE on Wednesday.

“The company for the quarter ended December 31, 2025, reported consolidated revenues of Rs 71,450 crore, a y-o-y growth of 10 per cent, driven by steady execution progress across the various businesses within the projects and manufacturing portfolio,” the company said. Larsen & Toubro reported a 4.2 per cent drop in consolidated profit after tax at Rs 3,215 crore in the December quarter due to one-time provision for employee benefits related to new labour codes.