LT

- Expectations

Larsen & Toubro is expected to post a more than 3% year-on-year increase in fourth-quarter profit, supported by sustained government infrastructure spending and robust order inflows, particularly from the Middle East. India’s largest construction company’s revenue is likely to climb 14% for the quarter ended March, on back of strong execution in its projects and manufacturing segment. However, gains in profit may be capped due to muted performance of its subsidiaries — L&T Technology Services and LTIMindtree — amid a broader slowdown in global IT spending. FOURTH QUARTER * Net income estimates 48.4 billion rupees (Bloomberg Consensus) * Revenue estimates 762.98 billion rupees ** Infrastructure revenue estimates 418.04 billion rupees ** Hi-Tech Manufacturing revenue estimates 39.29 billion rupees ** IT & technology services revenue estimate 123.04 billion rupees ** Financial Services revenue estimate 39.49 billion rupees ** Development Projects revenue estimates 16.08 billion rupees ** Others revenue estimates 39.43 billion rupees * Order inflow estimates 782.81 billion rupees * Order book at period end estimate 5.62 trillion rupees * EBITDA estimate 83.01 billion rupees Outlook- Negative Disclaimer- As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.