L&T Lakshya 3.0 hit as pandemic and oil shocks threaten the 2021 target

Published on 24 April 2026

Crude slump and the pandemic collide, making goals harder

Larsen & Toubro’s push toward its 2021 Lakshya 3.0 target is being squeezed by a double setback: crude prices crashing to multi-year lows, cutting revenue linked to the Middle East, and the pandemic stalling the broader economy. The result is a tougher path for the engineering giant and fresh uncertainty over whether it can stay on track.

L&T’s Lakshya 3.0 faces pressure from crude price crashes
Middle East-linked revenues are taking a hit
The pandemic has slowed the economy and business momentum
The company’s 2021 target may be harder to meet

#revenues #pandemic #lakshya 3.0 #oil prices #larsen and toubro

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L&T Lakshya 3.0 hit as pandemic and oil shocks threaten the 2021 target

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