HG Infra Engineering Q3 PAT seen up 74.2% YoY to Rs. 33 cr: HDFC Securities

HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects HG Infra Engineering to report net profit at Rs. 33 crore up 74.2% year-on-year (up 34.4% quarter-on-quarter).

Net Sales are expected to increase by 59.5 percent Y-o-Y (up 19.6 percent Q-o-Q) to Rs. 513 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 53.4 percent Y-o-Y (up 21.5 percent Q-o-Q) to Rs. 76 crore.

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