Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Infrastructure sector. The brokerage house expects Ashoka Buildcon to report net profit at Rs 106 crore down 35.4% year-on-year (up 23.9% quarter-on-quarter).
Net Sales are expected to increase by 7.5 percent Y-o-Y (up 37.6 percent Q-o-Q) to Rs 1,349 crore, according to Sharekhan.
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