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

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.

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