Larsen and Toubro Q1 Preview: Stable Numbers Awaited
  • WebDesk BTVI
  • Jul 23 2019

Commenting on the Larsen and Toubro (L&T) June quarter results set to be announced today, Arafat Saiyed, Reseach Analyst at Reliance Securities, said he expects order inflow for L&T to go down by 10 per cent, but the margins to improve. He expects L&T Power revenue to also decline in Q1. Saiyad sees order inflow to pick up in the second half of FY20. Here's more.