Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Larsen & Toubro's gross profit for the
three
months ended in Mar. 2026 was $2,717 Mil. Larsen & Toubro's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $10,415 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Larsen & Toubro's gross profit for the
three
months ended in Mar. 2026 was $2,717 Mil. Larsen & Toubro's Revenue for the
three
months ended in Mar. 2026 was $8,917 Mil. Therefore, Larsen & Toubro's Gross Margin % for the quarter that ended in Mar. 2026 was 30.47%.
Larsen & Toubro had a gross margin of 30.47% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 13 years, the highestGross Margin % of Larsen & Toubro was 35.84%. The lowest was 28.28%. And the median was 32.60%.
Warning Sign:
Larsen & Toubro Ltd gross margin has been in long-term decline. The average rate of decline per year is -2.4%.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Larsen & Toubro had a gross margin of 30.47% for the quarter that ended in Mar. 2026 => Competition eroding margins
Larsen & Toubro Gross Profit Related Terms
Larsen & Toubro Gross Profit Historical Data
* Premium members only.
The historical data trend for Larsen & Toubro's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Engineering & Construction subindustry, Larsen & Toubro's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Larsen & Toubro Gross Profit vs Construction Industry
For the Construction industry and Industrials sector, Larsen & Toubro's Gross Profit distribution charts can be found below:
* The bar in red indicates where Larsen & Toubro's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $10,415 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Larsen & Toubro (LTOUF) has a Gross Profit of $10,415 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Larsen & Toubro and its competitors.
Is Larsen & Toubro's Gross Profit too high?
Larsen & Toubro's current Gross Profit is $10,415 Mil. Overall, Larsen & Toubro has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Larsen & Toubro's Gross Profit compare to PWR and FIX?
Larsen & Toubro's Gross Profit of $10,415 Mil can be compared against companies in the Construction industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Construction company?
A good Gross Profit depends on the Construction industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Larsen & Toubro and its competitors. Larsen & Toubro's current Gross Profit is $10,415 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Larsen & Toubro stock overvalued right now?
Based on GuruFocus' analysis, Larsen & Toubro (LTOUF) is currently considered Fairly Valued. The stock's GF Value™ is $45.13, compared to a current price of $41.95 — trading 7% below its estimated fair value. The current Gross Profit is $10,415 Mil. Larsen & Toubro's overall GF Score™ is 95/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Larsen & Toubro (LTOUF), the current Gross Profit is $10,415 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Larsen & Toubro (LTOUF) Overvalued in 2026?
Based on GuruFocus' analysis, Larsen & Toubro stock appears to be undervalued.
The current stock price of $41.95 is trading 7% below its estimated GF Value™ of $45.13.
GuruFocus considers Larsen & Toubro to be Fairly Valued.
Key valuation signals for LTOUF:
Gross Profit: $10,415 Mil
GF Value™: $45.13 vs. price of $41.95 (7% below fair value)
No single metric tells the full story. See the LTOUF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Larsen & Toubro Ltd is engaged in core, high-impact sectors of the economy, and its integrated capabilities span the entire spectrum of design to delivery. The company's operating segments are: Infrastructure projects, Energy projects, Hi-Tech Manufacturing, and other segments. The majority of its revenue is generated from the Infrastructure projects segment, which comprises engineering and construction of buildings and factories, transportation infrastructure, heavy civil infrastructure, power transmission & distribution, renewables, water & effluent treatment, and minerals and metals. Geographically, the group generates maximum revenue from its operations in India.
95GF Score
Get the complete analysis for LTOUF
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LTOUF has been successfully added to your 
