Larsen & Toubro: FY2026 results and a run of Middle East energy orders
Editorial
Larsen & Toubro (L&T) reported group revenue of Rs 2,85,874 crore for the year to 31 March 2026, up 12%, and a record order…
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Søren Kristian Toubro was born on 27 February 1906 in Denmark and died on 4 March 1982, aged 76. A civil engineer who studied at the Technical University of Denmark, he began with F. L. Smidth & Co. of Copenhagen and, according to Wikipedia, went to India in 1934 to erect and commission cement equipment at the Madukkarai Cement Works and the Rohri Cement Factory. In 1938 he partnered with his former schoolmate Henning Holck-Larsen to establish Larsen & Toubro. He served as a director of the company from 1946 to 1981, retired from active management around 1962-63 and returned to Denmark in 1981. The Hindu has described him as a workaholic and a hard taskmaster who stressed customer satisfaction and attention to detail. Note that some references behind his Wikipedia entry are flagged as failing verification, so treat details with care.
Editorial
Larsen & Toubro (L&T) reported group revenue of Rs 2,85,874 crore for the year to 31 March 2026, up 12%, and a record order…