Result expectations of L&T Q1 FY18
Shital Jibhe / 28 Jul 2017
Markets have moved to negative territory in the morning hours on Friday. Nifty was trading at the 9,974 level, down by 45 points while Sensex was trading at 32,221, down by 164 points.
Markets have moved to negative territory in the morning hours on Friday. Nifty was trading at the 9,974 level, down by 45 points while Sensex was trading at 32,221, down by 164 points.
Bank Nifty was also losing sheen, trading at 24,835, down by 87 points. The big name in construction and engineering sector, Larsen and Toubro, is going to announce its Q1 FY18 results. The stock of L&T was trading choppy.
Result Expectations: L&T Q1 FY18 (YoY):
1. Net profit is expected to rise by 6% at Rs 930 crore.
2. Revenue may rise by 9% at Rs 23,850 crore.
3. Operating profit expected to increase by 14%
4. EBITDA margin
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