KNR Constructions Q3 PAT may dip 46.5% YoY to Rs. 35 cr: HDFC Securities

Net Sales are expected to decrease by 3.9 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 417 crore, according to HDFC Securities.

January 14, 2019 / 05:23 PM IST
Residents use a road under a skywalk under construction in Dharavi, one of Asia's largest slums, in Mumbai March 12, 2015. For viewers of Oscar-winning film

Residents use a road under a skywalk under construction in Dharavi, one of Asia's largest slums, in Mumbai March 12, 2015. For viewers of Oscar-winning film "Slumdog Millionaire", Mumbai's vast Dharavi slum is a byword for poverty, but to online retailer Snapdeal.com it is a battleground for new customers and, it hopes, a source of better margins. REUTERS/Danish Siddiqui (INDIA - Tags: SOCIETY BUSINESS) - GM1EB3C1RRQ01

 
 
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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 KNR Constructions to report net profit at Rs. 35 crore down 46.5% year-on-year (down 20% quarter-on-quarter).


Net Sales are expected to decrease by 3.9 percent Y-o-Y (up 0.1 percent Q-o-Q) to Rs. 417 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 25.4 percent Y-o-Y (down 11.8 percent Q-o-Q) to Rs. 73 crore.


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