Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Engineering sector. The brokerage house expects L&T to report net profit at Rs. 2,079 crore up 7.4% year-on-year (up 32.7% quarter-on-quarter).
Net Sales are expected to increase by 10.8 percent Y-o-Y (up 19.9 percent Q-o-Q) to Rs. 3,554.5 crore, according to Sharekhan.
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Sharekhan Earnings Estimates - Consolidated
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