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

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 / 17:23 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 "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.

    Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

    Moneycontrol News
    first published: Jan 14, 2019 05:23 pm

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