Moneycontrol
Jul 20, 2017 07:29 PM IST | Source: Moneycontrol.com

PNC Infratech Q1 PAT may dip 46.9% YoY to Rs 34 cr: ICICI

Net Sales are expected to increase by 16.2 percent Q-o-Q (down 20.9 percent Y-o-Y) to Rs 407.2 crore, according to ICICI. PNC Infratech to report net profit at 34 crore down 46.9% 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 PNC Infratech to report net profit at 34 crore down 46.9% year-on-year (up 0.9% quarter-on-quarter).


Net Sales are expected to increase by 16.2 percent Q-o-Q (down 20.9 percent Y-o-Y) to Rs 407.2 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.4 percent Q-o-Q (down 20.6 percent Y-o-Y) to Rs 53.3 crore.


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