Slippage in large order closures
Management noted that large orders in Q4 pipeline could slip to subsequent quarters, impacting order inflow guidance.
medium · management_commentary
Larsen & Toubro Limited — Q3 FY25
L&T reported a strong Q3 FY25 with group revenues of INR 64,700 crore (+17% YoY) and PAT of INR 3,360 crore (+14% YoY).
bullish
high
✓ Verified against BSE filing
Risk Intelligence
Material risks this quarter
Concise cards keep the risk register scannable while preserving evidence-level context in the underlying quarter data.
Risks
Margin pressure from fixed-price contracts
45% of order book is fixed-price; cost overruns or delays could compress margins, especially in hydrocarbon and thermal projects.
medium · analyst_questionGeopolitical risks in Middle East
Despite ceasefire, potential trade wars and regional instability could impact project execution and payment flows.
low · management_commentaryExecution challenges in domestic infrastructure
Delayed payments in water projects under Jal Jeevan Mission led to temporary execution slowdown; recovery depends on fund flow.
medium · analyst_question