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Larsen and Toubro Q3 PAT may dip 2% YoY to Rs. 2,118 cr: Yash Securities

Net Sales are expected to increase by 3.7 percent Y-o-Y (up 21.1 percent Q-o-Q) to Rs. 37,595.1 crore, according to Yash Securities.

January 22, 2021 / 12:44 PM IST
 
 
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Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Larsen and Toubro to report net profit at Rs. 2,118 crore down 2% year-on-year (up 91.4% quarter-on-quarter).

Net Sales are expected to increase by 3.7 percent Y-o-Y (up 21.1 percent Q-o-Q) to Rs. 37,595.1 crore, according to Yash Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6.9 percent Y-o-Y (up 54.8 percent Q-o-Q) to Rs. 4,245.6 crore.

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