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Last Updated : Jul 16, 2019 03:46 PM IST | Source: Moneycontrol.com

Ahluwalia Contracts Q1 PAT seen up 19% YoY to Rs. 33.5 cr: Reliance Securities

Net Sales are expected to increase by 13.9 percent Y-o-Y (down 5.6 percent Q-o-Q) to Rs. 460 crore, according to Reliance Securities.

 
 
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Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Infrastructure sector. The brokerage house expects Ahluwalia Contracts to report net profit at Rs. 33.5 crore up 19% year-on-year (up 8.2% quarter-on-quarter).


Net Sales are expected to increase by 13.9 percent Y-o-Y (down 5.6 percent Q-o-Q) to Rs. 460 crore, according to Reliance Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.8 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 59.8 crore.


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First Published on Jul 16, 2019 03:46 pm
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