L&T said that geopolitical tensions, volatility in international financial markets, geoeconomic fragmentation, continuing sea route trade disruptions, and extreme weather events, pose risks to the outlook for 2024-25.
The private sector has always been investing in industries like cement, steel, electronics, construction materials and automobiles. This will continue to be the case, although it may be more careful spending.
The engineering major is looking to expand its staff strength in West Asian countries, especially Saudi Arabia, where it has set up fabrication shops and is encouraging local engineering graduates to train with it
The engineering major expects its revenue to grow in the high teen percent and order intake growth at 20 percent in the current financial year.
Raman added that by looking at the strong momentum of order inflow witnessed during the first half of FY24, it is likely that L&T will surpass its guidance for order inflow and revenue for FY24
ABB India plans to invest around Rs 1,000 crore in India over the next five years in setting up new manufacturing facilities and expanding the capacity of existing factories.
The strong expected order inflow in 2023 is on account of countries and corporates globally looking to diversify their manufacturing portfolio and moving to a China plus one setup, in order to not be dependant on one country for their supply chain.
Connecting upcoming non-fossil fuel capacity to demand centres provides good opportunities. But the company's order inflows need to improve first
Revenue growth is set to rebound in FY22, helped by strong order inflows and improvement in troubled business verticals
Order inflow is likely to decline by 20 percent at Rs 25000-30000 crore. It announced order wins worth Rs 14800 crore in Q3 FY17 but large ticket order finalisation has not materialised.
".....has secured orders aggregating to Rs 472.81 crore for construction of institutional, hospital and residential building, including electrical, plumbing and firefighting services," the New Delhi-based construction company said in its filing.
During the quarter, its EBITDA may see a 3 percent growth at Rs 258 crore against Rs 250 crore while margins may stand at 9.3 percent versus 9.42 percent year-on-year.
Sanjay Agarwal, MD and CFO of Century Plyboard believes that new designs and better distribution will drive sales growth in the coming quarters.
NBCC CMD Anoop Kumar Mittal expects order inflow to the tune of Rs 2500-3000 crore in the second quarter, while expecting order book to grow to Rs 30,000-35,000 crore by this financial year end
Bajaj Electricals CMD Shekhar Bajaj says with winter not setting in yet, sales of winter-dependent products are yet to pick up. Also, with online retailers offering such steep discounts, there is confusion in the minds of consumers.
According to Sanjeev Zarbade of Kotak Securities there is a slight concern that order inflow in Q4 could get deferred on account of national elections but on an overall bias the company has a canvas of around Rs 1 lakh order that could be awarded.
Viral Shah,Sr Research Infrastructure Analyst at Angel Broking believes a strong execution has led to a better than expected performance for L&T. He expects the comapny to report margins around 9.5-10 percent for FY14.
ABB India net profit in April-June fell 22 percent on year to Rs 40.3 crore following contraction in revenue.
The stock price or TRF Ltd today surged up on back of the news that the company has won an order worth Rs 360 crore. The company received order from Nabinagar Power Generating Company Private Limited.
Engineering and construction company Larsen & Toubro has disappointed the street by its earnings but the order inflow came in higher than expectations in the third quarter of financial year 2012-13.
Engineering conglomerate Larsen and Toubro (L&T) is set to announce its third quarter results for financial year 2012-13 on Thursday. Analysts on an average are expecting a moderately healthy set of results for October-December quarter.
Goutham Reddy, managing director of Ramky Group, says that the company’s infra segment has seen no slowdown in order inflow this quarter. Speaking to CNBC-TV18, he says that profitability, however, was impacted due to high interest cost.
Chinese banks have started offering loans on projects at lower rates to finance more than USD 50 billion worth of power equipment for Indian companies. For Indian power firms, this is a big leg-up since local banks are reluctant to lend to these companies.
We are confident that we will see some uptick in the order inflow in FY12, says YD Murthy, Exec VP-Finance, Nagarjuna Constructions.