L&T Shrugs Off Geopolitical Heat: CLSA, Jefferies, Citi See Multi-Year Upside From $78B Order Book

Crucially, L&T has maintained its full-year margin and annual 10-12% year-on-year revenue guidance. Jefferies noted that keeping this annual guidance intact strongly implies that the second half of the financial year (H2) will see accelerated growth and stronger overall performance.