L&T Q3 earnings today: Here's what analysts expect

Maintaining 'BUY' call on the stock, Edelweiss Securities says given the strong balance sheet, L&T will stand the test of times.

Engineering and construction major Larsen & Toubro is expected to announce its financial results for third quarter of FY19 (October-December period) today.

According to analysts, the quarter gone by was muted for capital goods universe order inflows due to cautious stance ahead of general elections in 2019 and subdued private capex. However, engineering, procurement and construction (EPC) companies such as L&T, KEC International and Kalpataru Power are expected to report strong performance. 

During Q3FY19, L&T announced order inflows worth Rs 16,869 crore, which includes Rs 6,512 crore in power T&D, Rs 5,021 crore in water & effluent treatment segment, Rs