L&T Results: What to watch out for?

The company has indicated that most of the ordering would be witnessed in H2 and H1 would continue to remain weak in terms of new orders.

The Order inflow for L&T during the quarter is expected to be lower by 22% yoy to Rs. 31,000cr as the company has so far reported orders worth Rs. 11,400cr. 

The company has indicated that most of the ordering would be witnessed in H2 and H1 would continue to remain weak in terms of new orders. Consolidated revenue is expected to increase by 7.4% yoy on the back of strong order backlog and marginal acceleration in domestic infrastructure execution. 

Losses in Hydrocarbon segment is expected to reduce drastically as the company has made large provisions over the last one year. Execution pickup in the infrastructure segment is expected to drive topline growth during the quarter.