Moneycontrol
Jul 20, 2017 07:26 PM IST | Source: Moneycontrol.com

NBCC Q1 PAT seen up 45% YoY to Rs 65.8 cr: ICICI

Net Sales are expected to decrease by 34.7 percent Q-o-Q (up 22.7 percent Y-o-Y) to Rs 1528.2 crore, according to ICICI. NBCC to report net profit at 65.8 crore up 45% year-on-year.

 
 
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ICICI has come out with its first quarter (April-June) earnings estimates for the Construction & Roads sector. The brokerage house expects NBCC to report net profit at 65.8 crore up 45% year-on-year (down 62.3% quarter-on-quarter).


Net Sales are expected to decrease by 34.7 percent Q-o-Q (up 22.7 percent Y-o-Y) to Rs 1528.2 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 67 percent Q-o-Q (up 54.1 percent Y-o-Y) to Rs 69.1 crore.


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