L&T’s headline numbers and new guidance were pre-released, so the Q2 report did not contain surprises. Sales grew in Q2 driven by strong Hazardous Waste & Remediation as we had expected, while low waste volumes pressured Waste Management and 2026 project timing in Industrial Services and Water Treatment is somewhat more H2 weighted than we had expected. Actions to support earnings have been already implemented. We do not expect the report to trigger major changes.
LÄS MER
