Revenue for the quarter is seen rising 14.4 per cent to Rs 35,513 crore compared with Rs 31,035 crore in the year-ago quarter.
Ebitda, meanwhile, is seen growing by 18.5 per cent to Rs 3,950 crore compared with Rs 3,334 crore in the same quarter last year.
Margin is expected to contract to 11.2 per cent as against 11.7 per cent in the year-ago quarter.
Outlook across various segments, order prospects for the remaining fiscal, core E&C revenue trends and working capital & cash flow management will be keenly watched.
“We expect consolidated revenues to grow 15 per cent YoY, led by growth in segments like IT, financial services & infrastructure. The management’s guidance on order inflows and execution would be key monitorable,” said Prabhudas Lilladher.
This brokerage sees the adjusted profit at Rs 2,159 crore. It sees sales rising 15 per cent to Rs 35,704 crore.
Anand Rathi expects E&C segment revenues to rise 14 per cent YoY, led by sturdy order book execution.
“We expect the Service business revenue to grow 16 per cent YoY. Ebitda margin to be better YoY, up 165 bps. Reported order inflows have been healthy at Rs 22,500-25,000 crore,” the brokerage said.
