HomeNewsBusinessEarningsJ. Kumar Infraprojects Q3 PAT seen up 22.1% YoY to Rs. 40 cr: HDFC Securities

J. Kumar Infraprojects Q3 PAT seen up 22.1% YoY to Rs. 40 cr: HDFC Securities

Net Sales are expected to increase by 25 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 572 crore, according to HDFC Securities.

January 14, 2019 / 17:36 IST
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Bhutan | USD 2.33 billion: Debt-to-GDP Ratio of 118.6% - The Himalayan kingdom relies heavily on India for financial assistance and depends on the availability of foreign workers to support its infrastructure. (Image: Reuters)
Bhutan | USD 2.33 billion: Debt-to-GDP Ratio of 118.6% - The Himalayan kingdom relies heavily on India for financial assistance and depends on the availability of foreign workers to support its infrastructure. (Image: Reuters)

HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects J. Kumar Infraprojects to report net profit at Rs. 40 crore up 22.1% year-on-year (up 13.9% quarter-on-quarter).

Net Sales are expected to increase by 25 percent Y-o-Y (up 11 percent Q-o-Q) to Rs. 572 crore, according to HDFC Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 27.3 percent Y-o-Y (up 8.9 percent Q-o-Q) to Rs. 99 crore.

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