L&T is also working to identify the right time to announce revised tariffs for its Hyderabad metro projects in a bid to improve the viability of the project and make it more attractive for potential buyers, Raman said.
Among the top 5 Indian IT companies, Tech Mahindra was the only firm to report a plunge in operating margins in Q2 though it had a positive net headcount addition and QoQ increase in deal wins.
Higher-than-expected sales growth was driven by execution tailwinds in the infrastructure projects segment and sustained growth momentum in the IT and ITeS portfolio.