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J Kumar Infra Q2 PAT seen up 16.8% YoY to Rs. 48 cr: Yes Securities

Net Sales are expected to increase by 30.7 percent Y-o-Y (down 11.2 percent Q-o-Q) to Rs. 882.3 crore, according to Yes Securities.

October 14, 2022 / 14:03 IST
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J Kumar Infraprojects: Stock’s return in the last six months: 76% | Number of schemes that held the stock: 3. Schemes that invested in the stock were HDFC Balanced Advantage, HDFC Infrastructure and UTI Infrastructure Fund.

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Infrastructure sector. The brokerage house expects J Kumar Infra to report net profit at Rs. 48 crore up 16.8% year-on-year (down 22.5% quarter-on-quarter).

Net Sales are expected to increase by 30.7 percent Y-o-Y (down 11.2 percent Q-o-Q) to Rs. 882.3 crore, according to Yes Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 250 percent Y-o-Y (down 33 percent Q-o-Q) to Rs. 121.8 crore.

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