HomeNewsBusinessEarningsAhluwalia Contracts Q3 PAT seen up 20.7% YoY to Rs. 35 cr: HDFC Securities

Ahluwalia Contracts Q3 PAT seen up 20.7% YoY to Rs. 35 cr: HDFC Securities

Net Sales are expected to increase by 31.6 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 475 crore, according to HDFC Securities.

January 14, 2019 / 17:26 IST
Story continues below Advertisement
A general view of part of Oruro city and the Virgin of the Socavon (patron saint of miners) statue during its construction at the Santa Barbara hill, some 200 km (124 miles) south of La Paz, January 18, 2013. The statue measures 45 metres (148 feet) in height and stands at 3850 meters (12,631 feet) above sea level. The statue is expected to complete by February 2, 2013 according to its sculptors.  REUTERS/David Mercado (BOLIVIA - Tags: RELIGION SOCIETY) - GM1E91J0QT801
A general view of part of Oruro city and the Virgin of the Socavon (patron saint of miners) statue during its construction at the Santa Barbara hill, some 200 km (124 miles) south of La Paz, January 18, 2013. The statue measures 45 metres (148 feet) in height and stands at 3850 meters (12,631 feet) above sea level. The statue is expected to complete by February 2, 2013 according to its sculptors. REUTERS/David Mercado (BOLIVIA - Tags: RELIGION SOCIETY) - GM1E91J0QT801

HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects Ahluwalia Contracts to report net profit at Rs. 35 crore up 20.7% year-on-year (up 12.5% quarter-on-quarter).

Net Sales are expected to increase by 31.6 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 475 crore, according to HDFC Securities.

Story continues below Advertisement

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.1 percent Y-o-Y (up 11.9 percent Q-o-Q) to Rs. 64 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.