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

Sadbhav Engineering Q1 PAT seen up 0.5% YoY to Rs 48.9 cr: ICICI

Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs 938.1 crore, according to ICICI. Sadbhav Engineering to report net profit at 48.9 crore up 0.5% 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 Sadbhav Engineering to report net profit at 48.9 crore up 0.5% year-on-year (down 28.3% quarter-on-quarter).


Net Sales are expected to decrease by 9.2 percent Q-o-Q (up 16.3 percent Y-o-Y) to Rs 938.1 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.4 percent Q-o-Q (up 15.6 percent Y-o-Y) to Rs 100.4 crore.


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