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HomeNewsBusinessEarningsIRB Infra Q1 PAT seen up 3.5% YoY to Rs. 246.2 cr: ICICI Direct
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IRB Infra Q1 PAT seen up 3.5% YoY to Rs. 246.2 cr: ICICI Direct

Net Sales are expected to decrease by 20.9 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 1,437.2 crore, according to ICICI Direct.

Moneycontrol News
July 16, 2018 / 14:04 IST
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ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Construction & Roads sector. The brokerage house expects IRB Infra to report net profit at Rs. 246.2 crore up 3.5% year-on-year (up 2.7% quarter-on-quarter).

Net Sales are expected to decrease by 20.9 percent Y-o-Y (up 4 percent Q-o-Q) to Rs. 1,437.2 crore, according to ICICI Direct.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 16.3 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 684.4 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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