L&T Q1 preview: Analysts see healthy revenue growth on strong order execution

Analysts at Centrum Broking projects L&T's revenue to grow 15.4 per cent year-on-year (YoY) to Rs 32,636.6 crore as against Rs 28,283.5 crore, registered in the year-ago period.

First quarter of the financial year 2019-20 (Q1FY20) has been a subdued period for the capital goods players due to slower pace of order awards owing to general election coupled with muted private capex. However, Larsen & Toubro (L&T), the engineering & construction major, is expected to report healthy numbers when it declares its results later in the day, led by strong growth in Infrastructure, Hydrocarbons and IT services businesses. 

Analysts at Centrum Broking projects L&T's revenue to grow 15.4 per cent year-on-year (YoY) to Rs 32,636.6 crore as against Rs 28,283.5 crore in the corresponding quarter of the previous