Net Sales are expected to increase by 14 percent Y-o-Y (up 37.4 percent Q-o-Q) to Rs. 30,702.9 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects L&T to report net profit at Rs. 2,866.5 crore up 24.5% year-on-year (up 75.3% quarter-on-quarter).
Net Sales are expected to increase by 14 percent Y-o-Y (up 37.4 percent Q-o-Q) to Rs. 30,702.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.4 percent Y-o-Y (up 86.5 percent Q-o-Q) to Rs. 3,991.4 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
