02 Mar , 2026 By : Debdeep Gupta
Shares of infrastructure major Larsen & Toubro fell over 5% on March 2 following US-Israeli strikes that killed Iran's Supreme Leader Ali Khamenei
The company had said in the past that the Middle East is a strategically significant market, citing its long-standing presence across energy, infrastructure, renewables and technology sectors.
At 11 am on March 2, L&T shares were trading 5% lower at Rs 4,057.1 apiece.
For the nine months ended December 31, 2025, international orders stood at Rs 1,91,084 crore, contributing 55% of the total order inflow, L&T said in January 2026.
In December quarter, international orders stood at Rs 66,848 crore, contributing 49% to the total order inflow. International revenues were Rs 38,775 crore, constituting 54% of total revenues.
"The GCC region, a major geography for the Company’s Projects business, is poised for strong growth, underpinned by major investments in AI infrastructure, Data Centers, and large-scale urban projects in Saudi Arabia and the UAE," L&T had said as part of its December quarter results presentation.
In January, L&T reported a 4.2% drop in consolidated profit after tax at Rs 3,215 crore in the December quarter due to one-time provision for employee benefits related to new labour codes.
The company posted a consolidated profit after tax (PAT) of Rs 3,359 crore in the year-ago period, L&T said in a filing to the BSE.
The total consolidated PAT for the quarter includes a one-time material provision of Rs 1,191 crore towards employee benefits arising from the implementation of the new labour codes, which has been classified under exceptional items, it said.
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