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Last Updated : Jul 16, 2019 03:42 PM IST | Source: Moneycontrol.com

NCC Q1 PAT seen up 24% YoY to Rs. 128.5 cr: Reliance Securities

Net Sales are expected to increase by 17.8 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 2,780 crore, according to Reliance Securities.

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Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Infrastructure sector. The brokerage house expects NCC to report net profit at Rs. 128.5 crore up 24% year-on-year (down 29.4% quarter-on-quarter).


Net Sales are expected to increase by 17.8 percent Y-o-Y (down 18 percent Q-o-Q) to Rs. 2,780 crore, according to Reliance Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.4 percent Y-o-Y (down 19.6 percent Q-o-Q) to Rs. 319.7 crore.


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First Published on Jul 16, 2019 03:42 pm
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