Sadbhav Engineering Q4 PAT seen up 6.1% YoY to Rs 72.4 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Construction & Roads sector. The brokerage house expects Sadbhav Engineering to report net profit at Rs. 72.4 crore up 6.1% year-on-year (up 17.2% quarter-on-quarter).

Net Sales are expected to increase by 6.8 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 1,103.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.7 percent Y-o-Y (up 18 percent Q-o-Q) to Rs. 124.6 crore.

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