NCC Q1 PAT seen up 21.7% YoY to Rs. 77 cr: HDFC

HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Construction & Infra sector. The brokerage house expects NCC to report net profit at Rs. 77 crore up 21.7% year-on-year (down 29.6% quarter-on-quarter).

Net Sales are expected to increase by 9.6 percent Y-o-Y (down 5.9 percent Q-o-Q) to Rs. 2,206 crore, according to HDFC.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19 percent Y-o-Y (down 27.7 percent Q-o-Q) to Rs. 204 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.