- Larsen’s net income for the first quarter was 36.2 billion rupees, surpassing the estimated 34.4 billion rupees.
- The company reported revenue of 636.8 billion rupees, which was higher than the expected 628.32 billion rupees.
- Order inflow was significantly above expectations at 944.53 billion rupees compared to the estimate of 691.44 billion rupees.
- The EBITDA came in at 63.18 billion rupees, slightly lower than the estimated 63.43 billion rupees.
- EBITDA margin was reported at 9.9%.
- Larsen’s shares increased by 2.1% to 3,496 rupees, with 1.24 million shares traded.
- Market sentiment was positive with 28 buy ratings, 4 hold ratings, and just 1 sell rating.
A look at Larsen & Toubro Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma’s Smart Scores, Larsen & Toubro is positioned favorably for the long term. With strong ratings in Dividend, Growth, Resilience, and Momentum, the company shows promise across key factors. This indicates that Larsen & Toubro may be a sound investment option for those seeking stability and potential for growth in the engineering sector.
Larsen & Toubro Ltd, a company known for manufacturing engineering equipment and executing large-scale projects, also serves as the Indian representative for various overseas heavy machinery manufacturers. Its diverse product range, which includes machinery for sectors like dairy, pharmaceuticals, and food processing, positions Larsen & Toubro as a versatile player in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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