L&T sees margin recovering from second half of FY24
“My sense is that from the second half of FY24, the margins could see improvement,” chief financial officer R Shankar Raman told ET. The company reported an operating margin of 11% for the October-December quarter, compared with 11.5% a year earlier. It has given guidance for a margin contraction of 0.3-0.5 of a percentage point in FY23.
Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.
