Engineering and construction giant Larsen & Toubro (L&T) is set to report its financial results for the April-June period on Tuesday. Analysts expect signs of margin headwinds in the company's quarterly numbers due to sticky inflation in commodities and supply chain issues.
Analysts in a CNBC-TV18 Poll expect the company to report a 48 percent year-on-year increase in net profit to Rs 1,734 crore for the three-month period.
They estimate L&T's revenue to come in at Rs 34,589 crore, up 18 percent compared with the corresponding period a year ago, led by segments such as IT, infrastructure, and hydrocarbons.
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L&T's revenue from its core business of engineering, procurement and construction (EPC) to see strong construction activity during the quarter.
Analysts in the CNBC-TV18 poll peg Larsen & Toubro's EBITDA margin — a key measure of operating profitability — to improve to 11.1 percent in the June quarter, from 10.8 percent in the previous three months.
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