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HomeNewsBusinessEarningsIRB Infra Q1 PAT may dip 15.4% YoY to Rs. 211.5 cr: Kotak

IRB Infra Q1 PAT may dip 15.4% YoY to Rs. 211.5 cr: Kotak

Net Sales are expected to increase by 28.4 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 1,975.4 crore, according to Kotak.

July 16, 2019 / 10:26 IST
French President Emmanuel Macron, Eric Trappier, Chairman and CEO of Dassault Aviation, Dirk Hoke, CEO of Airbus Defence and Space, among others, attend the unveiling of the French-German-Spanish New Generation Fighter (NGF) model. (Image: Reuters)
     
     
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    Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects IRB Infra to report net profit at Rs. 211.5 crore down 15.4% year-on-year (up 1.7% quarter-on-quarter).

    Net Sales are expected to increase by 28.4 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 1,975.4 crore, according to Kotak.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.8 percent Y-o-Y (up 4.9 percent Q-o-Q) to Rs. 797.3 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.

    Moneycontrol News
    first published: Jul 15, 2019 06:24 pm

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