Brief: S&P: Larsen & Toubro Likely To Remain Resilient Despite Escalating Geopolitical Tensions In Middle East

Larsen and Toubro

24/03/2026 22:24

March 24 (Reuters) -

S&P: LARSEN & TOUBRO IS LIKELY TO REMAIN RESILIENT DESPITE ESCALATING GEOPOLITICAL TENSIONS IN MIDDLE EAST

S&P: LARSEN & TOUBRO'S DIVERSIFIED BUSINESS MODEL AND ROBUST FINANCIAL HEADROOM PROVIDE CUSHION AGAINST POTENTIAL OPERATIONAL DISRUPTIONS

S&P: ESTIMATE MIDDLE EAST WILL LIKELY CONTRIBUTE 35% OF L&T'S CONSOLIDATED REVENUE FOR THE FISCAL YEAR ENDING MARCH 2026

S&P: PROLONGED CONFLICT COULD EXPOSE L&T TO COST ESCALATION, GIVEN 55% OF ITS CONTRACTS ARE FIXED PRICE

Further company coverage: LART.NS

 ((Reuters.Briefs@thomsonreuters.com;))