ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Road & Construction sector. The brokerage house expects IRB Infra to report net profit at Rs. 244.6 crore up 2% year-on-year (up 11.8% quarter-on-quarter).
Net Sales are expected to increase by 27.5 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 1,761.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15.9 percent Y-o-Y (up 0.4 percent Q-o-Q) to Rs. 763.4 crore.
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ICICI Direct - All Sectors Q4 Estimates
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