L&T Results Preview: Healthy Order Inflow Expected In Q1FY23 | ET Now
Sharad Dubey
Updated Jul 25, 2022, 17:05 IST
Strong Q1 quarter is expected from L&T due to large orderbook, weak base and a healthy infra pipeline. Revenue is expected to rise by 22 percent to Rs 35,674 crore on a year-on-year basis, PAT is expected to jump by 22 percent to Rs 1956 crore. Limited impact on margins is expected despite high commodity cost due to the higher share of orders with price variation clause.International order wins to support domestic market share loss. Commentary on margin outlook, order inflow and execution will be the key monitorable to watch out for. Stock is up more than 20 percent from June lows. #l&t #l&tq1fy23results #earningswithetnow
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