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Budget 2021

Associate Partners:

  • SMC
  • Samsung
  • Volvo

Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo
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Larsen and Toubro Q3 PAT seen up 19.2% YoY to Rs. 1,260.6 cr: ICICI Direct

Net Sales are expected to increase by 0.5 percent Y-o-Y (up 26.6 percent Q-o-Q) to Rs. 19,984.8 crore, according to ICICI Direct.

January 14, 2021 / 08:24 PM IST
 
 
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ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods sector. The brokerage house expects Larsen and Toubro to report net profit at Rs. 1,260.6 crore up 19.2% year-on-year (up 19.9% quarter-on-quarter).

Net Sales are expected to increase by 0.5 percent Y-o-Y (up 26.6 percent Q-o-Q) to Rs. 19,984.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.9 percent Y-o-Y (up 30.7 percent Q-o-Q) to Rs. 1,608.8 crore.

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