👥 HR & Workplace🇮🇳 India
US-Iran War Bites L&T: Q1 Profit Misses Estimates, West Asia Orders Shrink
Mint·Wednesday, 29 July 2026
Engineering giant Larsen & Toubro posted a Q1 profit of ₹4,123 crore attributable to owners, missing analyst expectations. The US-Iran conflict has weighed on the company by trimming its margins and reducing order inflows from West Asia, a key market. The results highlight how geopolitical tensions abroad can hit India's biggest infrastructure companies at home.
Why It Matters
L&T is one of India's largest employers and a bellwether for the infrastructure and construction sector, so its earnings trouble signals broader stress for the industry.
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