HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Construction sector. The brokerage house expects NCC to report net profit at Rs. 120 crore up 7.6% year-on-year (down 8.4% quarter-on-quarter).
Net Sales are expected to increase by 21 percent Y-o-Y (up 39.9 percent Q-o-Q) to Rs. 2,589 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.5 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 236 crore.
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HDFC Securities Q4 Preview - Construction
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