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Last Updated : Jul 09, 2019 06:05 PM IST | Source: Moneycontrol.com

NBCC Q1 PAT seen up 3.1% YoY to Rs. 75.5 cr: ICICI Direct

Net Sales are expected to increase by 37.2 percent Y-o-Y (down 18.9 percent Q-o-Q) to Rs. 2,544.1 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Road & Construction sector. The brokerage house expects NBCC to report net profit at Rs. 75.5 crore up 3.1% year-on-year (down 44.8% quarter-on-quarter).


Net Sales are expected to increase by 37.2 percent Y-o-Y (down 18.9 percent Q-o-Q) to Rs. 2,544.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.3 percent Y-o-Y (down 51.4 percent Q-o-Q) to Rs. 76.6 crore.


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First Published on Jul 9, 2019 06:05 pm
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