Larsen and Toubro trims Lakshya Plan targets but ramps up five year investment

Published on 6 May 2026

A bigger five year spend points to risk shifts

Larsen and Toubro has recalibrated its Lakshya Plan 2031, allocating ₹43,000 crore for the next five years. The company says the move reflects a broader order book while acknowledging growing uncertainties, particularly tied to Middle Eastern markets. The target change signals a strategic pivot rather than a slowdown in capex ambition, as L&T adjusts for shifting demand conditions.

L&T revised Lakshya Plan 2031 with focus on a ₹43,000 crore five year investment
Management cites a broader order book as part of the recalibration
Uncertainty in Middle Eastern markets is a key factor
The shift suggests risk balancing rather than reduced growth intent

#business strategy #order book #capital expenditure #middle east #larsen and toubro

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Larsen and Toubro trims Lakshya Plan targets but ramps up five year investment

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