What L&T’s results tell us about India’s infra sector
As if slowing economic growth wasn’t enough, other factors like pollution, a change of government in a state, and legal challenges to projects are further hurting infrastructure growth.
r shankar raman
January 2020
July 2019
L&T Q1 net profit up 20%
The engineering major retained its guidance for order inflow and sales growth but expects private sector capex to stay subdued in the near term.
