Larsen & Toubro To Pay Rs 34 Dividend: Should You Buy Before Record Date? Chart Says Yes For Target Rs 3600

Larsen & Toubro is a USD 27 billion international company based in India that operates in more than 50 countries and specializes in EPC projects, hi-tech manufacturing, and services. Larsen & Toubro (L&T) has a variety of interests in industries including engineering, construction, manufacturing, and power. Larsen & Toubro's shares closed Friday's trading session 3.84% higher on the NSE at Rs 3,451.40 a share, with a market value of Rs 4.74LCr. The positive trend, which began after the company announced the record date for the Rs. 34 dividend, has been strengthened by the stock's holding above key moving averages.

Larsen & Toubro Dividend

"The Board of Directors has recommended a Final Dividend of Rs.34/- per share of the face value Rs. 2/- each for the financial year ended March 31, 2025 (previous year final dividend Rs. 28/- per share). The Company will arrange to pay the proposed Final Dividend after approval of the shareholders in the ensuing Annual General Meeting. The Company has fixed Tuesday, June 3, 2025 as the Record Date for determining the entitlement of Members for the proposed Final Dividend," said L&T in a stock exchange filing.

On Tuesday, June 17, 2025, the company will have its 80th Annual General Meeting (AGM).

Larsen & Toubro Q4 Results

The Q4FY25 consolidated profit after tax (PAT) of Larsen & Toubro (L&T) increased by 25% year-on-year (YoY) to Rs 5,497 crore. The firm made Rs 4,396 crore in profit during the same quarter of the prior fiscal year. Net sales for the quarter under review increased 11% YoY to Rs 74,392 crore from Rs 67,079 crore in Q4FY24. EBITDA increased from Rs 7,234 crore in Q4FY24 to Rs 8,203 crore in Q4FY25, a 13 percent YoY growth. From 10.8% to 11%, the EBITDA margin grew YoY.

While revenue from operations rose 16% YoY to Rs 2,55,734 crore, the company's profit improved 15% YoY to Rs 15,037 crore for the whole fiscal year. While the EBITDA margin for the year was 10.3% in FY25 as opposed to 10.6% in FY24, EBITDA for FY25 climbed 13% YoY to Rs 26,435 crore.

Larsen & Toubro Share Price Target

"L&T is in a strong uptrend, consistently forming higher highs. Support lies at ₹3350 and ₹3280. Resistance is seen near ₹3500. A breakout above ₹3500 can lead to targets of ₹3600-3650. The RSI is near 65, showing healthy strength. The stock is holding above key moving averages, confirming bullish momentum. Dips toward ₹3350 can be buying opportunities with a stop loss below ₹3280. The overall trend remains positive," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.