Engineering and construction giant, Larsen and Toubro (L&T) will report its fourth-quarter earnings on Friday.
The company is expecting revenues at around Rs 45,000 crore as the fourth quarter is a seasonally strong quarter for the company. The bottom line number is expected to come at around Rs 3,700 crore against Rs 3,200 crore year-on-year supported by margin improvement in the services business.
Infrastructure segment for L&T is expected to post good numbers with a 13 percent growth in core engineering, procurement and construction (EPC) execution. Hydrocarbon segment also has a favourable base and the street is expecting significant growth from there.
Earnings before interest, tax, depreciation and amortization (EBITDA) is expected to grow 15 percent with margins remaining steady. Overall, there has been an increase in margins and working capital, which should reflect in the numbers.