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Last Updated : Jul 19, 2018 01:42 PM IST | Source: Moneycontrol.com

KNR Construction Q1 PAT may dip 40.8% YoY to Rs. 40 cr: HDFC

Net Sales are expected to decrease by 2.3 percent Y-o-Y (down 24.8 percent Q-o-Q) to Rs. 470 crore, according to HDFC.

 
 
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HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Construction & Infra sector. The brokerage house expects KNR Construction to report net profit at Rs. 40 crore down 40.8% year-on-year (down 49.8% quarter-on-quarter).


Net Sales are expected to decrease by 2.3 percent Y-o-Y (down 24.8 percent Q-o-Q) to Rs. 470 crore, according to HDFC.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.7 percent Y-o-Y (down 32.5 percent Q-o-Q) to Rs. 81 crore.


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First Published on Jul 19, 2018 01:42 pm
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