L&T‘s share price was upbeat on Wednesday ahead of its earnings, scheduled for later in the day. The company’s revenue is expected to come in at ₹56,930 crore, with a net profit of ₹3,205.

What To Expect: Phillip Capital expects L&T to report a sales growth of 11% year on year for the September quarter, with margins anticipated to remain flat as legacy orders are executed. The brokerage will closely monitor L&T's guidance for FY25, which it expects the company to maintain, alongside insights on domestic ordering trends and the Middle East capex.

Motilal Oswal, on the other hand, projects a consolidated revenue growth of 11% for L&T, driven by 14% growth in core engineering & construction (E&C) revenues. They expect the core E&C segment's EBITDA margin to improve by 60 basis points to reach 8%, supported by sequential improvements.

Key focus areas for Motilal Oswal include the domestic order pipeline, margin stability, and working capital cycle management, along with progress on Saudi project execution and trends within the Gulf Cooperation Council (GCC) market.

Price Action: L&T’s share price was up 1.07% to trade at ₹3,417.20 in early trade on Wednesday.

Read Next: Adani Ports Q2 Results Sparks Mixed Analyst Reactions, Shares Muted