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Most of this progress is predicted on the again of a robust order backlog received within the final monetary 12 months. (Representational)
Recent order wins for capital items and industrial corporations might have seen a serious droop attributable to Lok Sabha polls within the first quarter of the present monetary 12 months (Q1FY25). On the similar time, income and revenue progress trajectory is predicted to have stayed the course, in keeping with brokerage companies.
Elara Capital, Motilal Oswal, and InCred Equities count on this sector universe to report a 12- 21 per cent progress in income, 21 -36 per cent progress in Ebitda and 24-38 per cent progress in revenue on a year-on-year (Y-oY) foundation. Ebitda is earnings earlier than curiosity, depreciation, taxation
First Revealed: Jul 07 2024 | 1:28 PM IST