L&T is likely to post net profit at Rs 1104 crore in October-December up 7 percent from Rs 1035 crore in corresponding quarter last fiscal. According to a CNBC-TV18 poll, revenue is seen up 8 percent at Rs 27423 crore against Rs 25387 crore on annual basis.
During the quarter, EBITDA is expected to rise 19 percent at Rs 2628 crore against Rs 2208 crore while margins may stand at 9.6 percent versus 8.7 percent year-on-year. EBITDA margins may increase led by hydrocarbon segment as L&T has completed low margin legacy projects in hydrocarbon segment.
Impact of demonetisation is possible on the last mile execution. Analysts polled by CNBC-TV18 expect infrastructure and hydrocarbon segments to drive revenue growth. Weakness in power while E&C business may grow by 5 percent and services business may increase by 13 percent.
Order inflow is likely to decline by 20 percent at Rs 25000-30000 crore. It announced order wins worth Rs 14800 crore in Q3 FY17 but large ticket order finalisation has not materialised.
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