ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & Roads sector. The brokerage house expects NBCC to report net profit at Rs. 84.7 crore up 37% year-on-year (down 1.4% quarter-on-quarter).
Net Sales are expected to increase by 33.5 percent Y-o-Y (up 11.5 percent Q-o-Q) to Rs. 1,764.3 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.7 percent Y-o-Y (up 36.7 percent Q-o-Q) to Rs. 80.8 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.
ICICI Direct - Consolidated Estimates Report
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
