Friday, May 23, 2008

Results of L&T

L&T is to announce its Q4FY08 numbers. the company is expected to post standalone profit after tax of Rs 871 crore as against Rs 700 crore in same period of last year.

Net sales is seen going up at Rs 7923 crore versus Rs 6248 crore. EBIDTA is likely to go up at Rs 1336 crore from Rs 809 crore. OPM is expected to improve at 16.86% versus 12.96%.

Factors to watch

  • Strong order backlog execution would lead to a 25% growth in topline
  • Operational efficiences to lead to YoY margin expansion

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