Engineering and construction company Larsen and Toubro (L&T) is expected to report 15% (YoY) growth in profits for the first quarter of FY12. During the period, profit after tax of the company is likely to go up to Rs 765 crore as against Rs 666 crore in the corresponding quarter last fiscal.
Total income is seen going up 23% to Rs 9,717 crore from Rs 7,885 crore year-on-year.
EBITDA is likely to jump 19% to Rs 1,194 crore in the April-June quarter versus Rs 1,007 crore in same quarter the previous year.
However, operating profit margin is seen declining to 12.29% versus 12.77% year-on-year.
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