Friday, 25 January 2019

Larsen & Toubro Is Expected To Report Double Digit Growth

Larsen & Toubro is expected to report double-digit growth in bottomline, topline as well as operating income in October-December 2018 quarter. The company will announce earnings on January 25.

Analysts expect revenue growth in the range of 12-16 percent year-on-year, largely driven by engineering & construction, IT and financial services segments.

Kotak and Edelweiss Securities, other brokerages considered for this poll estimates, expect the maximum 16 percent growth in consoldiated revenue.

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