L&T Q4FY20 Earnings: What to expect today?
Construction engineering major Larsen and Toubro (L&T) is set to announce its Q4FY20 earnings on Friday.
The revenue is expected to jump by 2 percent while the core infrastructure revenue may decline by 5-10 percent, given the macroeconomic challenge. It is the services business that would support the revenue.
The EBITDA is expected to remain flat year-on-year (YoY) though the margins overall might contract by 40 basis points (bps). The profit is expected to decline by 5 percent to come in closer to Rs 3,250 crore.
CNBC-TV18’s Anisha Jain explains what the street is expecting this time
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