L&T Q1 Preview: Net profit may slide up to 60% QoQ, say analysts

Here's what leading brokerages expect from the infra major's Q1 results

L&T Q1 Preview: Due to a disrupted April-June quarter (Q1FY22) amid the second wave of Covid-19, analysts expect India’s largest engineering and construction major Larsen and Toubro’s (L&T’s) net profit to decline up to 60 per cent sequentially. Besides, a slowdown in construction activity would have hit the company’s project execution capabilities, they believe. The company is slated to report its Q1FY22 numbers on Monday, July 26.