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Apr 10, 2012, 06.22 PM IST
Prabhudas Lilladher has come out with its earnings estimates on Larsen & Toubro (L&T) for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 23.1% at Rs 18564.8 crore, Year-on-Year (YoY) basis.
Prabhudas Lilladher has come out with its earnings estimates on Larsen & Toubro (L&T) for March FY12. According to the research firm, company's Q4FY12 sales are likely to go up by 23.1% at Rs 18564.8 crore, Year-on-Year (YoY) basis.
The company's net profit is seen up 7.9% at Rs 1623.3 crore, YoY. L&T’s order inflow is expected to be at Rs 200 bn (there could be some internal order bookings to the tune of Rs 750 bn) as against Rs 301 bn in Q4FY11 and Rs 171 bn in Q3FY12. Thus, the FY12E order inflow would be Rs 700 bn as against the company’s full year expectations of Rs 795 bn, an achievement which seems like a difficult task. Failure in domestic Hydrocarbon segment continues, with weak infrastructure order inflow for the quarter. Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies 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.
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