HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects IRB Infra Developers to report net profit at Rs. 205 crore down 1.1% year-on-year (up 18.6% quarter-on-quarter).
Net Sales are expected to increase by 28.9 percent Y-o-Y (up 16.6 percent Q-o-Q) to Rs. 1,671 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.8 percent Y-o-Y (up 8 percent Q-o-Q) to Rs. 724 crore.
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HDFC Earnings Estimates - Construction & Infra Sector
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