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JMC Projects Q3 PAT seen up 21.1% YoY to Rs. 30 cr: HDFC Securities

Net Sales are expected to increase by 17.3 percent Y-o-Y (up 13 percent Q-o-Q) to Rs. 829 crore, according to HDFC Securities.

January 14, 2019 / 05:32 PM IST
 
 
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HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects JMC Projects to report net profit at Rs. 30 crore up 21.1% year-on-year (up 0.8% quarter-on-quarter).


Net Sales are expected to increase by 17.3 percent Y-o-Y (up 13 percent Q-o-Q) to Rs. 829 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.4 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 86 crore.


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