Larsen & Toubro Targets $1 Billion Defence Business Revenue Milestone This Fiscal
Larsen & Toubro (L&T) is poised to reach a major defence business milestone of $1 billion in revenue for the fiscal year 2025-26, establishing itself as India’s largest private military equipment supplier and the fourth-largest overall in the defence sector after the state-owned giant companies Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Mazagon Dock
Larsen & Toubro (L&T) is poised to reach a major defence business milestone of $1 billion in revenue for the fiscal year 2025-26, establishing itself as India’s largest private military equipment supplier and the fourth-largest overall in the defence sector after the state-owned giant companies Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), and Mazagon Dock
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