HomeNewsBusinessEarningsNCC Q1 PAT seen up 54.7% YoY to Rs. 98.1 cr: ICICI Direct
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NCC Q1 PAT seen up 54.7% YoY to Rs. 98.1 cr: ICICI Direct

Net Sales are expected to increase by 18 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 2,377.1 crore, according to ICICI Direct.

Moneycontrol News
July 16, 2018 / 14:30 IST
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An aerial view of a site under construction at the Gujarat International Finance Tec-City (GIFT) at Gandhinagar, in the western Indian state of Gujarat, April 11, 2015. India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. Picture taken April 11, 2015. REUTERS/Amit Dave - GF10000057731
An aerial view of a site under construction at the Gujarat International Finance Tec-City (GIFT) at Gandhinagar, in the western Indian state of Gujarat, April 11, 2015. India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. Picture taken April 11, 2015. REUTERS/Amit Dave - GF10000057731

ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Construction & Roads sector. The brokerage house expects NCC to report net profit at Rs. 98.1 crore up 54.7% year-on-year (down 4.4% quarter-on-quarter).

Net Sales are expected to increase by 18 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 2,377.1 crore, according to ICICI Direct.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39 percent Y-o-Y (down 21.9 percent Q-o-Q) to Rs. 237.7 crore.

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