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HG Infra Engineering Q3 PAT seen up 12.9% YoY to Rs. 46.9 cr: Yash Securities

Net Sales are expected to increase by 3 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 590.2 crore, according to Yash Securities.

January 22, 2021 / 01:39 PM IST
 
 
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Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects HG Infra Engineering to report net profit at Rs. 46.9 crore up 12.9% year-on-year (up 43.5% quarter-on-quarter).

Net Sales are expected to increase by 3 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 590.2 crore, according to Yash Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 61.5 percent Y-o-Y (down 46 percent Q-o-Q) to Rs. 94.4 crore.

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