“The strong performance was across all our businesses and included a significant order in our mobility business. While we are currently not experiencing a slowing down in public and private capex spending, we are concerned about global headwinds impacting demand which could result in a slowdown in capex spending.”
Sunil Mathur made this comment while announcing the company’s financial performance for the quarter ending June 30, 2022, when it announced its highest-ever order backlog of over Rs.17,000 crore.