L&T Q1 earnings forecast shows revenue and profit decline
after close1 source ↓written by the desknot a recommendation
- sequentially due
- 20-22% decline
- announces earnings
- 28 July 2023
Larsen & Toubro (L&T) is expected to report consolidated revenue of ₹64,500–65,600 crore, reflecting a 20-22% decline sequentially due to geopolitical tensions in West Asia. Net profit is projected between ₹3,810–3,880 crore, indicating potential weak earnings amid rising costs and execution challenges.
Investors will focus on order inflows and segment performance as the company announces earnings on 28 July 2023. 📉
Not investment advice. For informational purposes only.