L&T Q1 net may rise 5.5% at Rs 897 cr: P Lilladher
Prabhudas Lilladher expects Larsen and Toubro to report a 49.3 percent degrowth quarter-on-quarter (up 5.5 percent Y-o-Y) in net profit at Rs 897 crore.
July 20, 2013 / 13:38 IST
Prabhudas Lilladher has come out with its first quarter (April-June) earnings estimates for capital goods sector. The brokerage house expects Larsen and Toubro (L&T) to report a 49.3 percent degrowth quarter-on-quarter (up 5.5 percent Y-o-Y) in net profit at Rs 897 crore.
Revenues are expected to decrease by 34.2 percent Q-o-Q (up 11.7 percent Y-o-Y) to Rs 13355.4 crore, according to Prabhudas Lilladher.Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 41.1 percent Q-o-Q (up 10.7 percent Y-o-Y) to Rs 1444 crore.Prabhudas Lilladher report on Larsen and ToubroOrder inflow is expected to be at Rs 197 billion (there could be some order bookings which are not disclosed to the tune of Rs 60-70 billion) as against Rs 279 billion in Q4FY13 and Rs 196 billion in Q1FY13. The single largest order in this quarter is Rs 67 billion from DFC. Buildings and Urban Infra segment still looks strong. Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
