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 Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.