First Quarter Update Larsen

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First Quarter Update Larsen

Larsen reported net income for the first quarter that missed the average analyst estimate. FIRST QUARTER RESULTS
Net income 11.7 billion rupees vs. 3 billion rupees y/y, estimate 15.03 billion (range 10.60 billion to 19.73 billion) (Bloomberg Consensus)
Revenue 293.3 billion rupees, +38% y/y, estimate 293.30 billion (range 241.65 billion to 323.90 billion)
Total costs 277.1 billion rupees, +30% y/y
Other income 6.48 billion rupees, -17% y/y
Order book at period end 3.24 trillion rupees

Source : Eureka

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