Larsen & Toubro unveils 'Lakshya 31' targeting ₹5.8tn by FY31
NewsBytes | May 7, 2026 9:39 AM CST
L&T earmarks ₹42,400cr amid returns concerns
L&T is investing ₹42,400 crore into these new ventures: ₹15,000 crore for green hydrogen and ₹10,000 crore for data centers alone.
But this bold move means shifting away from their usual asset-light approach, and analysts worry this could make it harder to boost returns.
Under their last plan, L&T hit its revenue targets but struggled with return on equity, something they'll need to watch closely this time around.
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