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L&T Q3 earnings today: Here are the key expectations

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By Anisha Jain  Jan 22, 2020 8:01:52 AM IST (Published)

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Mumbai-based multinational conglomerate Larsen and Toubro (L&T) will be declaring its Q3 results on Wednesday. The third quarter is expected to be a steady one for the company. Here are the key expectations:

  • CNBC-TV18 poll suggests a 10 percent revenue growth number. The revenue growth would be driven by the hydrocarbon, heavy engineering, as well as the infrastructure segment.
  • The languishing trend of the power segment is expected to continue.
  • Margins should remain steady at around 11 percent and the bottomline should look healthy with a growth of around 16 percent at Rs 2,365 crore given it will get the benefit of lower taxation.
  • A slight improvement is expected in infrastructure segment margins —between 100 and 200 basis points (bps).
  • The order inflow guidance would be the key thing to watch out for.
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