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L&T shares slide 4% after Q4 profit dip. Why Jefferies, Goldman Sachs are still bullish

Posted on May 6, 2026
By Business News Today
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1 min read

L&T shares slide 4% after Q4 profit dip. Why Jefferies, Goldman Sachs are still bullish

Larsen and Toubro shares fell after the company reported a 3% YoY decline in Q4 net profit to Rs 5,326 crore. Despite the profit dip, revenue rose 11% to Rs 82,762 crore, with international business contributing over half. EBITDA grew 5%, indicating stable operational performance driven by core engineering and services segments.