Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Infrastructure sector. The brokerage house expects NBCC India to report net profit at Rs. 86.3 crore up 27.5% year-on-year (down 43.5% quarter-on-quarter).
Net Sales are expected to increase by 19.4 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 1,950 crore, according to Reliance Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 42.6 percent Y-o-Y (down 49.8 percent Q-o-Q) to Rs. 89.7 crore.
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