30 Oct 2025 | 5 Mins Read
L&T shares may fall after Q4 earnings miss
Flipitmoney
Larsen & Toubro Ltd (L&T) Q2FY26 results showed revenue at ₹67,983 crore, below estimates, net profit at ₹3,926 crore, and EBITDA at ₹6,806.5 crore. Despite this, new orders surged 54% YoY, led by multi-billion-dollar energy projects. Guided H2 prospects pipeline rose 29%. Brokerages like CLSA, Citi, and Nuvama maintained 'Buy' ratings with targets of ₹4,320, ₹4,500, and ₹4,680 respectively.