Moneycontrol PRO
UPCOMING EVENT:Attend Traders Carnival Live. 3 days 12 sessions at Rs.1599/-, exclusive for Moneycontrol Pro subscribers. Register now!

Shankara Building Q3 PAT may dip 38.5% YoY to Rs. 10.8 cr: ICICI Direct

Net Sales are expected to increase by 11.5 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 696.4 crore, according to ICICI Direct.

January 18, 2019 / 04:15 PM IST
Hercules Hoists: Company partially resumed operations at Raigad plant. (Image: GettyImages)

Hercules Hoists: Company partially resumed operations at Raigad plant. (Image: GettyImages)

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Building Materials sector. The brokerage house expects Shankara Building to report net profit at Rs. 10.8 crore down 38.5% year-on-year (up 18.8% quarter-on-quarter).


Net Sales are expected to increase by 11.5 percent Y-o-Y (up 8.2 percent Q-o-Q) to Rs. 696.4 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.3 percent Y-o-Y (up 8.4 percent Q-o-Q) to Rs. 33.8 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Moneycontrol News

stay updated

Get Daily News on your Browser
Sections
ISO 27001 - BSI Assurance Mark