Seeing strong growth amid global uncertainties: L&T

Despite global uncertainty due to ongoing wars and supply chain disruptions, consistent order inflows from West Asia and rapid infrastructure investments in India are driving L&T's growth, its Chairman and Managing Director (CMD) S N Subrahmanyan said at the company's 80th Annual General Meeting (AGM) conducted online here on Tuesday.

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"In India, strong government spending on infrastructure, and rising private investment in sectors like energy transition, data centres, semiconductors, and healthcare signal positive momentum," the CMD said.

"Despite global uncertainty, your company delivered strong growth across key performance metrics. Group order inflows for the year (2024-25, or FY25) reached ₹3.57 trillion, up 18 per cent year-on-year (Y-o-Y), driven by order wins in infrastructure and energy sectors. Like the previous year, continued capex in the Gulf countries drove international order wins, which exceeded domestic order wins for the second year in a row," Subrahmanyan said, adding that the company was keeping a close watch on the emerging Israel-Iran war situation.