 "Larsen and Toubro")
Engineering and construction conglomerate, Larsen & Toubro (L&T), is expected to report muted numbers for the quarter ended March 2020 due to project delays and a slowdown in execution owing to Covid-19 lockdown, analysts say.
Usually, Q4 is an execution-heavy quarter for capital goods players, but the lockdown has affected execution and deliveries for most companies. However, being a diversified entity, L&T is expected to fare better than others.
The company is slated to announce its Q4FY20 results on June 5, Friday. That said, L&T's consolidated numbers are not strictly comparable on YoY basis due to the consolidation of Mindtree and sale
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