Q1 results preview: Strong order book booster for infra, cap goods firms

Sequentially, numbers likely to decline, since June quarter is seasonally weak

The government’s capital expenditure (capex) outlay is expected to aid year-on-year (YoY) top line and bottom line growth of infrastructure and capital goods companies in the first quarter (Q1) of the current financial year (2022-23).

Sequentially, however, numbers on both fronts are likely to be down since Q1 is a seasonally weak quarter for these firms.

Sector analysts expect 18.4 per cent revenue growth and nearly 70 per cent profit after tax (PAT) growth on a YoY basis for these companies, which includes names like Larsen & Toubro (L&T), Thermax, ABB, and KEC International, according to the data compiled by