KRChoksey has come with its quarterly earning estimates on infrastructure sector for March 2012. As per the research firm, The aggregate profitability is expected to flat 23% YoY due change in revenue mix & higher other income.
Infrastructure - Sectors like Road & T&D has shown encouraging awarding activities but power, oil & gas and industrial capex are muted in terms of order inflows in Q4FY12E. The ordering activity of 7,300 KM is awarded as planned by NHAI; PGCIL has also awarded ~Rs 150 bn orders for FY12. BOT developerDiscover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
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