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Earnings

L&T Q1 results: Weak infra margins, cautious private capex outlook overshadow strong order inflows

Updated : July 24, 2019 01:28 PM IST

The management commented that private capex continues to remain sluggish and that they expect govt orders to drive the inflows over the next 12-18 months.
While orders from the central and state governments were affected during the general elections, strong PSU and private-sector orders enabled growth for the quarter
L&T Q1 results: Weak infra margins, cautious private capex outlook overshadow strong order inflows
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