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Last Updated : Jul 16, 2019 03:02 PM IST | Source: Moneycontrol.com

Larsen & Toubro Q1 PAT seen up 11.9% YoY to Rs. 1,646.7 cr: Reliance Securities

Net Sales are expected to increase by 10.7 percent Y-o-Y (down 30.3 percent Q-o-Q) to Rs. 31,317.3 crore, according to Reliance Securities.

 
 
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Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Larsen & Toubro to report net profit at Rs. 1,646.7 crore up 11.9% year-on-year (down 51.8% quarter-on-quarter).


Net Sales are expected to increase by 10.7 percent Y-o-Y (down 30.3 percent Q-o-Q) to Rs. 31,317.3 crore, according to Reliance Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.9 percent Y-o-Y (down 41.3 percent Q-o-Q) to Rs. 3,288.3 crore.


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First Published on Jul 16, 2019 03:02 pm
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