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Gaddipati Srinivasa Rao

5 articles
Likhitha Infrastructure is strategically expanding its international presence while navigating a challenging fiscal year. Despite a reported 11% revenue decline to ₹456.73 crore in FY26 and a 42% drop in net profit to ₹40.02 crore, the company is actively pursuing growth opportunities, notably approving the incorporation of a UAE subsidiary for oil and gas EPC contracting and increasing its stake in a Saudi Arabian entity. Bolstered by a robust order book exceeding ₹1,454 crore, including a significant ₹510 crore pipeline contract in Abu Dhabi, Likhitha’s focus on international expansion and maintaining a debt-free balance sheet suggests a commitment to long-term growth, though investors should monitor the impact of revenue headwinds on profitability.