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HomeNewsBusinessEarningsAhluwalia Contracts India Q2 PAT seen up 18.4% YoY to Rs. 42.4 cr: Yes Securities
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Ahluwalia Contracts India Q2 PAT seen up 18.4% YoY to Rs. 42.4 cr: Yes Securities

Net Sales are expected to increase by 20.6 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs. 699.9 crore, according to Yes Securities.

Broker Research
October 14, 2022 / 13:57 IST
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Ahluwalia Contracts (India): Ahluwalia Contracts (India) Q1 profit rises 8.6% YoY to Rs 37.77 crore, revenue grows 5%. The company reported a 8.6% year-on-year increase in consolidated profit at Rs 37.77 crore for the quarter ended June FY23 and its revenue from operations grew by 5% to Rs 609.25 crore compared to year-ago period.

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Infrastructure sector. The brokerage house expects Ahluwalia Contracts India to report net profit at Rs. 42.4 crore up 18.4% year-on-year (up 12.2% quarter-on-quarter).

Net Sales are expected to increase by 20.6 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs. 699.9 crore, according to Yes Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 35 percent Y-o-Y (up 59 percent Q-o-Q) to Rs. 73.7 crore.

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