 "A man waits at a bus-stop with an advertisement of Larsen & Toubro outside the company's manufacturing unit in Mumbai")
With only a few days left for the current financial year to end, it’s a race against time for engineering conglomerate Larsen & Toubro Ltd (L&T) to meet its revised forecast of 10 per cent growth in order inflow.
In January, L&T revised its guidance for order inflow from 15 per cent to 10 per cent and for revenue growth from 12 per cent to 10 per cent for 2016-17, citing delays in ordering activity and other execution headwinds.
Analysts said the order inflow forecast of 10 per cent growth over the last financial year was unlikely to be met,
