HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects NCC to report net profit at Rs. 129 crore up 82.8% year-on-year (down 25.6% quarter-on-quarter).
Net Sales are expected to increase by 60.7 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 2,856 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 68.3 percent Y-o-Y (down 10 percent Q-o-Q) to Rs. 328 crore.
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HDFC Earnings Estimates - Construction & Infra Sector
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