[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"detail-sidebar-cat-0-en-105":3,"doc-seo-295559-105":59,"doc-detail-295559-en":131},{"code":4,"msg":5,"data":6},0,"success",[7,13,18,23,28,33,38,43,48,51,55],{"id":8,"doc_module":4,"doc_module_name":9,"category_name":10,"show_sort_weight":11,"slug":12},1,"Document","Story & Novel",90,"story-novel",{"id":14,"doc_module":4,"doc_module_name":9,"category_name":15,"show_sort_weight":16,"slug":17},2,"Literature",80,"literature",{"id":19,"doc_module":4,"doc_module_name":9,"category_name":20,"show_sort_weight":21,"slug":22},4,"Exam",70,"exam",{"id":24,"doc_module":4,"doc_module_name":9,"category_name":25,"show_sort_weight":26,"slug":27},5,"Comic",60,"comic",{"id":29,"doc_module":4,"doc_module_name":9,"category_name":30,"show_sort_weight":31,"slug":32},6,"Technology",50,"technology",{"id":34,"doc_module":4,"doc_module_name":9,"category_name":35,"show_sort_weight":36,"slug":37},7,"Healthcare",40,"healthcare",{"id":39,"doc_module":4,"doc_module_name":9,"category_name":40,"show_sort_weight":41,"slug":42},8,"Research & Report",30,"research-report",{"id":44,"doc_module":4,"doc_module_name":9,"category_name":45,"show_sort_weight":46,"slug":47},9,"Religion & Spirituality",20,"religion-spirituality",{"id":46,"doc_module":4,"doc_module_name":9,"category_name":49,"show_sort_weight":46,"slug":50},"World Cup","world-cup",{"id":52,"doc_module":4,"doc_module_name":9,"category_name":53,"show_sort_weight":52,"slug":54},10,"Lifestyle","lifestyle",{"id":56,"doc_module":4,"doc_module_name":9,"category_name":57,"show_sort_weight":24,"slug":58},19,"General","general",{"code":4,"msg":60,"data":61},"ok",{"site_id":62,"language":63,"slug":64,"title":65,"keywords":66,"description":67,"schema_data":68,"social_meta":124,"head_meta":126,"extra_data":128,"updated_unix":130},105,"en","lt-annual-report-fy2025-26","L&T Annual Report FY2025-26","","Larsen & Toubro annual report FY2025-26 outlines performance and strategy amid volatility in global technology, trade, and geopolitics. It describes how advances in AI, shifting tariff regimes, supply-chain disruptions, and West Asia conflict affected markets, while the Indian economy stayed resilient through infrastructure investment and Aatmanirbharta initiatives. The report highlights record order inflows, revenue growth, improved profitability, and a focus on employee safety, business continuity, and asset protection, alongside talent development for sustainable growth.",{"@graph":69,"@context":123},[70,84,106],{"@type":71,"itemListElement":72},"BreadcrumbList",[73,77,79,82],{"item":74,"name":75,"@type":76,"position":8},"https://docshare.wps.com","Home","ListItem",{"item":78,"name":9,"@type":76,"position":14},"https://docshare.wps.com/document/",{"item":80,"name":40,"@type":76,"position":81},"https://docshare.wps.com/document/research-report/",3,{"item":83,"name":65,"@type":76,"position":19},"https://docshare.wps.com/document/lt-annual-report-fy2025-26/295559/",{"url":83,"name":65,"@type":85,"image":86,"author":91,"headline":65,"publisher":94,"fileFormat":97,"inLanguage":63,"description":67,"dateModified":98,"datePublished":99,"encodingFormat":97,"isAccessibleForFree":100,"interactionStatistic":101},"DigitalDocument",{"url":87,"@type":88,"width":89,"height":90},"https://docshare.wps.com/thumbnails/lt-annual-report-fy2025-26/295559.png","ImageObject",300,407,{"name":92,"@type":93},"Dipper","Person",{"url":74,"name":95,"@type":96},"DocShare","Organization","application/pdf","2026-11-12","2026-09-18",true,{"@type":102,"interactionType":103,"userInteractionCount":105},"InteractionCounter",{"@type":104},"ViewAction",46,{"@type":107,"mainEntity":108},"FAQPage",[109,115,119],{"name":110,"@type":111,"acceptedAnswer":112},"What major global factors shaped FY 2025-26 for the company?","Question",{"text":113,"@type":114},"The report cites significant shifts in global technology, economic and geopolitical conditions, including rapid AI advancement, tariff regime changes, supply-chain disruptions, and conflict in West Asia.","Answer",{"name":116,"@type":111,"acceptedAnswer":117},"How did the company perform during FY 2025-26?",{"text":118,"@type":114},"FY 2025-26 is presented as a year of steady progress, with record order inflows, strong revenue growth, and improved profitability across its construction, hi-tech manufacturing, and technology-driven services.",{"name":120,"@type":111,"acceptedAnswer":121},"What approach does the company emphasize for dealing with near-term uncertainty in West Asia?",{"text":122,"@type":114},"It states that developments are being closely monitored with priority on employee safety, business continuity, and asset protection, while also looking for opportunities if normalcy is restored.","https://schema.org",{"og:url":83,"og:type":125,"og:title":65,"og:site_name":95,"og:description":67},"article",{"robots":127,"canonical":83},"index,follow",{"doc_id":129,"site_id":62},295559,1789720116,{"code":4,"msg":5,"data":132},{"doc_id":129,"user_id":133,"nickname":92,"user_avatar":134,"doc_module":4,"category_id":39,"category_name":40,"doc_title":65,"doc_description":67,"doc_content":135,"file_id":136,"file_url":137,"file_type":138,"file_size":139,"view_count":105,"is_deleted":4,"is_public":8,"is_downloadable":8,"audit_status":8,"page_count":140,"language":141,"language_code":63,"site_id":62,"html_lang":63,"table_of_contents":142,"faqs":143,"seo_title":144,"seo_description":67,"update_tm":130,"read_time":145,"preview_page_count":4},1374404997633,"https://ap-avatar.wpscdn.com/davatar_a8503ba1806abce46bf441b54a3ca4cd","L&T aspires to be a builder of nations.  \nWe will build a better future with engineering, technology and innovation; contributing to each geography and community that we operate in.  \nWith trust, integrity & excellence at our core, we will aspire to be the partner of choice for our customers.  \nOur employees are valued partners in our entrepreneurial journey; empowered to reach their fullest potential and deliver exceptional value to all our stakeholders.  \nDear Shareholders,  \nThe year under review, 2025-26, was marked by significant shifts in the global technology, economic and geopolitical landscape. Advances in Artificial Intelligence (AI) continued to drive innovation and transformation across industries, while the shifting global tariff regimes and the conflict in West Asia have disrupted supply chains, energy markets and capital flows.  \nAmidst this evolving environment, the Indian economy remained resilient. Increased public investment in infrastructure and initiatives promoting Aatmanirbharta (selfreliance) reinforced India’s position asthe fastest-growing major economy. Asa management, we are trying our best to get mentally used to events beyond our comprehension and lookout − like the COVID-19 pandemic, Suez Canal blockage, Red Sea challenge, tariffs, unnatural price increase, conflict in West Asia, to name a few.  \nFor Larsen & Toubro, 2025-26 was a year of steady progress. Record order inflows, strong revenue growth and improved profitability strengthened your Company’s presence across construction and infrastructure, hi-tech manufacturing and technology-driven services, while its continued focus onemerging sectors remained aligned with long-term strategic priorities.  \nThe evolving situation in West Asia creates some near-term uncertainty. As a strategically important market for Larsen & Toubro, the developments in the region are being closely monitored by the management, with priority accorded to employee safety, business continuity and asset protection. Overtime, the restoration of normalcy may also create opportunities for rebuilding and investment activity.  \nBacked by nearly nine decades of experience in navigating external challenges, your Company remains confident, resilient and focused on delivering stable and consistent performance.  \nCorporate Overview  \nManagement  \nDiscussion and Analysis  \nIntegrated Statutory  \nReport Reports  \nFinancial Statements  \nMessage from the  \nCHAIRMAN AND  \nMANAGING DIRECTOR  \nS. N. Subrahmanyan  \n 3   \nCMD’s Statement  \nGrowth amidst a global reset  \nThe operating environment in  \nFY 2025-26 was characterised by volatility, uncertainty, complexity and ambiguity. Developments in global trade because of imposition of tariffs and countermeasures contributed to periods of market volatility. Disruptions in supply chains added to the uncertainty for multiple sectors such as transport and logistics, agriculture, industry and technology, with broader implications for economic growth. Geopolitical complexity intensified with the escalation of long-standing tensions in West Asia. Meanwhile the ambiguity surrounding rapid advancements in AI has also opened up huge opportunities, particularly in knowledge-intensive domains. In such times, leadership is not measured by the absence of challenges, but by the clarity, conviction and composure of the response to such situations.  \nNavigating this landscape has reinforced two beliefs. First, that leadership today demands both foresight and adaptability. Second, that sustainable, accelerated growth will ultimately be led by people.  \nTechnology and AI can be great facilitators, but the direction of  \nprogress has to be set by human beings who are driven by integrity, domain expertise, competency, and are guided by a purpose to create abetter tomorrow for humanity. Weare therefore intensifying our focus on grooming talent and nurturing future leaders who have the courage to take a ‘leap’—to innovate, to execute, and to uphold the L&T ethos w","cbCaiuzbO7FSJAC1","https://ap.wps.com/l/cbCaiuzbO7FSJAC1","pdf",42055756,754,"English","# Corporate Overview\n## Message from the Chairman and Managing Director\n## CMD’s Statement: Growth amidst a global reset\n## Management\n## Discussion and Analysis\n## Integrated Statutory Report\n## Financial Statements","[{\"question\":\"What major global factors shaped FY 2025-26 for the company?\",\"answer\":\"The report cites significant shifts in global technology, economic and geopolitical conditions, including rapid AI advancement, tariff regime changes, supply-chain disruptions, and conflict in West Asia.\"},{\"question\":\"How did the company perform during FY 2025-26?\",\"answer\":\"FY 2025-26 is presented as a year of steady progress, with record order inflows, strong revenue growth, and improved profitability across its construction, hi-tech manufacturing, and technology-driven services.\"},{\"question\":\"What approach does the company emphasize for dealing with near-term uncertainty in West Asia?\",\"answer\":\"It states that developments are being closely monitored with priority on employee safety, business continuity, and asset protection, while also looking for opportunities if normalcy is restored.\"}]","L&T Annual Report FY2025-26 | PDF",1900]