NBCC Q1 PAT seen up 45% YoY to Rs 65.8 cr: ICICI

ICICI has come out with its first quarter (April-June) earnings estimates for the Construction & Roads sector. The brokerage house expects NBCC to report net profit at 65.8 crore up 45% year-on-year (down 62.3% quarter-on-quarter).

Net Sales are expected to decrease by 34.7 percent Q-o-Q (up 22.7 percent Y-o-Y) to Rs 1528.2 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 67 percent Q-o-Q (up 54.1 percent Y-o-Y) to Rs 69.1 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.