Larsen & Toubro's Financial Integrity Affirmed by Beneish M-Score

The Beneish M-Score, a tool for detecting earnings manipulation, evaluates Larsen & Toubro (L&T) with a score of -2.42 as of February 19, 2025. This figure is well below the threshold of -1.78, indicating a low likelihood of financial misrepresentation. Historically, L&T's M-Score has ranged between -1.04 and -4.74 over the past 13 years, consistently suggesting transparent financial practices. Additionally, L&T's Piotroski F-Score stands at 7, reflecting a very healthy financial situation. 

 

Source: GuruFocus