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Likhitha Infrastructure Limited

5 articles
Likhitha Infrastructure is strategically expanding its international presence while navigating a challenging fiscal year. The company recently approved the incorporation of a subsidiary in Abu Dhabi and increased its stake in a Saudi Arabian entity, signaling a commitment to growth in the Middle East oil and gas sector. However, FY26 financial results reflect a decline in both revenue and profit, highlighting headwinds in the domestic market. Despite these challenges, a robust order book exceeding ₹1,454 crore, including a significant contract in Abu Dhabi, provides some revenue visibility, and a debt-free balance sheet positions the company for future opportunities.