{"id":89373,"date":"2026-05-06T00:00:00","date_gmt":"2026-05-06T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/mena-india\/?p=89373"},"modified":"2026-05-06T10:12:38","modified_gmt":"2026-05-06T10:12:38","slug":"lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/","title":{"rendered":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets"},"content":{"rendered":"

Mumbai<\/strong>-based engineering and construction giant Larsen & Toubro (L&T) reported a broadly flat net income of INR 53.3 bn (USD 560 mn) in 4Q FY 2026,<\/strong> even as revenue climbed 11% y-o-y to INR 827.6 bn (USD 8.7 bn), the company\u2019s earnings release (pdf)<\/a> showed. <\/p>\n

Iran war will moderate L&T earnings: <\/strong>The conglomerate expects a slowdown in revenue growth moving forward, guiding for an expansion of up to 12% in the current fiscal year as the fallout from the ongoing conflict impacts its business. \u201cThe disruption will begin to show \u2060off in the first six months of the current year because shipments will all get delayed,\u201d L&T\u2019s Chief Financial Officer R. Shankar Raman told Reuters<\/a>, adding that the impact is expected to be most visible over the next two quarters. <\/p>\n

The<\/strong> Middle East remains a critical exposure for L&T: <\/strong>The Middle East accounted<\/a> for 40% of the company\u2019s total order book of USD 77.7 bn as of 31 March. It also brought in 34% of the fiscal year's revenue, firmly cementing the Middle East as L&T\u2019s largest overseas market by a wide margin. <\/p>\n

IN CONTEXT-<\/strong> L&T shares have taken a severe beating, with the firm shedding some INR 1.1 tn<\/a> (USD 11.5 bn) in market value following the start of the war.<\/a> <\/p>\n

What\u2019s next: <\/strong>Brokerages are raising red flags over potential headwinds for L&T's Middle East operations, warning that sustained geopolitical tensions could spark project delays, execution hurdles, and mounting costs. Despite the volatility, the company expects its margins to hold largely steady at around 8.3% in FY 2027, buffered by a diversified order book and a resilient pipeline of domestic demand.<\/p>\n","protected":false},"excerpt":{"rendered":"

The Indian engineering giant is bracing for supply chain delays over the next two quarters, but expects margins to remain resilient<\/p>\n","protected":false},"author":1,"featured_media":89374,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2424],"tags":[2485,2423,2402,2807],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89373","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings-watch","tag-construction","tag-earnings-watch","tag-enterpriseam-india","tag-larsen-toubro","wpautop","entry"],"acf":{"mongo_id":"957bd87c-3ad2-401c-926a-9ee7deace81c","order":"5","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2026\/5\/336.jpg","photo_position":"above","homepage_title":"","full_issue_title":"L&T posts flat 4Q net income as regional war clouds revenue outlook","related_issue":[89365],"teaser":"The Indian engineering giant is bracing for supply chain delays over the next two quarters, but expects margins to remain resilient"},"yoast_head":"\nL&T 4Q earnings flatline as war in Middle East threatens revenue targets - MENA India Corridors<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"L&T 4Q earnings flatline as war in Middle East threatens revenue targets\" \/>\n<meta property=\"og:description\" content=\"The Indian engineering giant is bracing for supply chain delays over the next two quarters, but expects margins to remain resilient\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\" \/>\n<meta property=\"og:site_name\" content=\"MENA India Corridors\" \/>\n<meta property=\"article:published_time\" content=\"2026-05-06T00:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-05-06T10:12:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"L&T 4Q earnings flatline as war in Middle East threatens revenue targets\",\"datePublished\":\"2026-05-06T00:00:00+00:00\",\"dateModified\":\"2026-05-06T10:12:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\"},\"wordCount\":284,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1\",\"keywords\":[\"CONSTRUCTION\",\"earnings watch\",\"EnterpriseAM India\",\"Larsen & Toubro\"],\"articleSection\":[\"EARNINGS WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\",\"name\":\"L&T 4Q earnings flatline as war in Middle East threatens revenue targets - MENA India Corridors\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2026-05-06T00:00:00+00:00\",\"dateModified\":\"2026-05-06T10:12:38+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/mena-india\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"L&T 4Q earnings flatline as war in Middle East threatens revenue targets\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#website\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#organization\",\"name\":\"EnterpriseAM-MENA-India-Corridor\",\"url\":\"https:\/\/enterpriseam.com\/mena-india\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/84573.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/84573.svg\",\"caption\":\"EnterpriseAM-MENA-India-Corridor\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets - MENA India Corridors","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/","og_locale":"en_US","og_type":"article","og_title":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets","og_description":"The Indian engineering giant is bracing for supply chain delays over the next two quarters, but expects margins to remain resilient","og_url":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/","og_site_name":"MENA India Corridors","article_published_time":"2026-05-06T00:00:00+00:00","article_modified_time":"2026-05-06T10:12:38+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets","datePublished":"2026-05-06T00:00:00+00:00","dateModified":"2026-05-06T10:12:38+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/"},"wordCount":284,"publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1","keywords":["CONSTRUCTION","earnings watch","EnterpriseAM India","Larsen & Toubro"],"articleSection":["EARNINGS WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/","url":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/","name":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets - MENA India Corridors","isPartOf":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1","datePublished":"2026-05-06T00:00:00+00:00","dateModified":"2026-05-06T10:12:38+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/mena-india\/2026\/05\/06\/lt-4q-earnings-flatline-as-war-in-middle-east-threatens-revenue-targets\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/mena-india\/"},{"@type":"ListItem","position":2,"name":"L&T 4Q earnings flatline as war in Middle East threatens revenue targets"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/mena-india\/#website","url":"https:\/\/enterpriseam.com\/mena-india\/","name":"EnterpriseAM-MENA-India-Corridor","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/mena-india\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/mena-india\/#organization","name":"EnterpriseAM-MENA-India-Corridor","url":"https:\/\/enterpriseam.com\/mena-india\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/84573.svg","contentUrl":"https:\/\/ent.news\/internal\/84573.svg","caption":"EnterpriseAM-MENA-India-Corridor"},"image":{"@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/mena-india\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/mena-india\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2026\/5\/336.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/89373","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/comments?post=89373"}],"version-history":[{"count":1,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/89373\/revisions"}],"predecessor-version":[{"id":89405,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/posts\/89373\/revisions\/89405"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/issue\/89365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media\/89374"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/media?parent=89373"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/categories?post=89373"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/tags?post=89373"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/brand?post=89373"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/mena-india\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89373"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}