New Delhi, June 13 -- The capital goods sector put up an impressive show in the March quarter (Q4FY25). Order inflows for key companies such as Larsen & Toubro, Hitachi Energy, ABB India Ltd, and Siemens India Ltd were strong in the quarter. The improvement was aided either by international orders in the renewables segment or by domestic transmission and distribution (T&D) segments.
On an aggregate basis, capital goods companies under the coverage of Nuvama Research saw order inflows rise 21.2% year-on-year to Rs.1.64 trillion and revenue expand 10.4% on-year to Rs.1.35 trillion, fuelled by strong execution, mainly by power electrical equipment companies.
The management commentaries indicate that order inflows are likely to remain...
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