L&T shares slip 4% as Q4 profit dips 3% but revenues surge 11%

Profit fell, yet analysts point to steadier margins and stronger global traction

Larsen and Toubro shares slid about 4% after Q4 net profit fell 3% year on year to Rs 5,326 crore. Revenue, however, climbed 11% to Rs 82,762 crore, with international business contributing more than half. EBITDA grew 5%, suggesting operations stayed resilient across engineering and services even as profits cooled.