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Last Updated : Jul 19, 2018 01:38 PM IST | Source: Moneycontrol.com

Ashoka Buildcon Q1 PAT may dip 3.5% YoY to Rs. 60 cr: HDFC

Net Sales are expected to decrease by 3.1 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 700 crore, according to HDFC.

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HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Construction & Infra sector. The brokerage house expects Ashoka Buildcon to report net profit at Rs. 60 crore down 3.5% year-on-year (down 43.3% quarter-on-quarter).


Net Sales are expected to decrease by 3.1 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 700 crore, according to HDFC.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 9.5 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 88 crore.


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First Published on Jul 19, 2018 01:38 pm
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