LARSENANDTOUBRO / language trends

Read confidence between the lines.

Larsen and Toubro · tone and specificity signals across the available quarters.

Research layer active

Language signals

What changed in management language.

Q1-FY27 · P. Rama Krishnan

The performance for the quarter reflects the resilience of our portfolio and the strength of our diversified business model in an increasingly dynamic operating environment.

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Q1-FY27 · P. Rama Krishnan

We have not seen any project cancellations across the opportunities that we are actively pursuing and bidding for in India. We see continuing investment momentum from both private sector and public sector enterprises.

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Q1-FY27 · Subratim Sharma

We don't expect that there will be any erosion in the margin. We are pretty much on the trend what we had indicated earlier.

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Q3-FY26 · P. Ramakrishnan

We witnessed our highest ever quarterly order inflows in Q3 FI26 of rupees 1,356 billion recording a 17% growth year-on-year led by a strong ordering momentum witnessed across both India and overseas markets.

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Q3-FY26 · Subramanyam Sharma

The margin decline in the hydrocarbons business is primarily due to cost overruns in a few competitively priced domestic and international projects. These projects are in their terminal execution phase and are expected to conclude over the next few quarters during which margins will remain soft.

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Q3-FY26 · P. Ramakrishnan

The recurring PAT for Q3 FI26 at rupees 44 billion was up by 31% on a YoY basis. The increase in recurring PAT is reflective of improved activity levels, operational efficiencies and efficient treasury management.

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Q3-FY26 · P. Ramakrishnan

We will be exceeding the 10% order inflow guidance for FI26... We expect the customary ramp up in project execution during Q4 and are reasonably confident of achieving our full-year revenue growth guidance of 15%.

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Q4-FY26 · P. Ramakrishna

We do anticipate some near-term impact on execution primarily due to supply chain constraints but we are working closely with our clients on alternate routes and logistic arrangements to ensure minimal disruption.

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Q4-FY26 · Subnam Sharma

The biggest risk is the supply chain but it is continuously getting better... we are taking a very measured approach.

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Q4-FY26 · P. Ramakrishna

We are allocating almost ₹44 billion for the realty business primarily to fund development of commercial real estate.

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