L&T, which is India’s largest infrastructure firm, has important publicity to the Center East.
As a lot as ₹3.6 lakh crore or 49% of its consolidated order guide got here from the worldwide enterprise. And of this, over 80% got here from the UAE and Saudi Arabia and the Center East area. L&T has a 37% order guide publicity to the Center East and 33% to order inflows within the first 9 months of the monetary yr 2026, as per JM Monetary.
An L&T spokesperson mentioned the Center East is a strategically important marketplace for the corporate, with a deep and long-standing enterprise presence throughout the area spanning vitality, renewables, infrastructure and know-how.
The corporate mentioned it’s intently monitoring the state of affairs and has confirmed that every one its staff, employees and belongings on the bottom are secure. “Our administration committee is being up to date on a real-time foundation by our on-ground groups, enterprise companions and native state administrations to make sure full situational consciousness always,” the L&T spokesperon mentioned.
The corporate mentioned as a precautionary measure, it has issued a journey advisory to all involved personnel and has advised them to keep away from all non-essential journey and motion. “We’re in fixed contact with our purchasers and are following authorities advisories,” the spokesperon added.
Israel and the US attacked Iran on Saturday, February 28, within the morning. Iran has responded by attacking US naval bases in Bahrain, UAE and Kuwait. The US and Israel’s assaults resulted within the dying of Iran’s Supreme Chief Ali Khamenei. Publish the assaults, Iran mentioned “there have been no pink strains now and every little thing is feasible”. Ever since, it has launched a barrage of assaults throughout the Center East and in Israel as properly, leading to airspace closure, stranded travellers, work and life coming to a halt within the area.
L&T’s most up-to-date order win was value as much as ₹10,000 crore within the Center East and India.
L&T’s administration, after the corporate’s third quarter earnings, had maintained its full-year steerage throughout parameters, and mentioned it might exceed its order influx progress steerage of 10% for your entire yr. The administration had additionally maintained its income progress steerage of 15% and the core margin steerage of 8% for FY26.
L&T shares have been down 5.08% at ₹4,061 apiece in early commerce on Monday. The inventory has gained 13.6% up to now six months.
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