Lanco Infratech Q1FY16 Result Update; Cash flow Issues to persists; maintain Hold; Target: Rs7

Emkay
Adjusted loss at Rs3.0 was significantly below our estimates of a loss of Rs6.2bn due to lower interest cost of Rs5.5bn during the quarter vs our expectation of Rs8.1bn It was another quarter of week operating performance across segments. Losses in...
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