Here are Rauli’s previews ahead of L&T reporting its Q3 results on Wednesday ![]()
We expect revenue to have decreased slightly and earnings to have weakened from the comparison period due to higher fuel costs. In the report, we are paying particular attention to the outlook for the rest of the year and how the company has managed to pass on increased costs into customer prices. We expect the company to reiterate its guidance, but our forecast is at the lower end of the range.