HomeNewsBusinessEarningsKNR Construction Q2 PAT may dip 23.6% YoY to Rs. 72.8 cr: Yes Securities
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KNR Construction Q2 PAT may dip 23.6% YoY to Rs. 72.8 cr: Yes Securities

Net Sales are expected to decrease by 3.6 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 728.5 crore, according to Yes Securities.

October 14, 2022 / 14:04 IST
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Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Infrastructure sector. The brokerage house expects KNR Construction to report net profit at Rs. 72.8 crore down 23.6% year-on-year (down 27.8% quarter-on-quarter).

Net Sales are expected to decrease by 3.6 percent Y-o-Y (down 18.2 percent Q-o-Q) to Rs. 728.5 crore, according to Yes Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 430 percent Y-o-Y (down 65 percent Q-o-Q) to Rs. 130.2 crore.

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