L&T Q3 results today: Strong order inflow, liquidity management may aid nos
L&T Q3 results today: Stable supply chain, the government’s focus on liquidity, and steady order flow, analysts say, will drive earnings recovery for capital goods’ companies across execution, new orders and OPM scale up. Among them, Larsen and Toubro (L&T), India’s largest infrastructure company, is expected to report a strong sequential rebound in performance, on January 25, on the back of a healthy order inflow across verticals.
“L&T announced EPC orders worth over Rs 59,000 crore (as on date, ex-services segment) across high speed rail, construction, water effluent, hydrocarbon, transportation, mining equipment, power T&D, heavy civil infrastructure, and defence segments indicating robust order inflows for the quarter,” said analysts at ICICI Securities in a recent report.
