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Last Updated : Apr 15, 2019 06:19 PM IST | Source: Moneycontrol.com

Dredging Corporation Q4 PAT may dip 20.6% YoY to Rs. 13.6 cr: ICICI Direct

Net Sales are expected to increase by 11 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 169.6 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Others sector. The brokerage house expects Dredging Corporation to report net profit at Rs. 13.6 crore down 20.6% year-on-year (down 38.6% quarter-on-quarter).


Net Sales are expected to increase by 11 percent Y-o-Y (up 2.7 percent Q-o-Q) to Rs. 169.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.5 percent Y-o-Y (up 13.8 percent Q-o-Q) to Rs. 43.9 crore.


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First Published on Apr 15, 2019 06:19 pm
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