YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Infrastructure sector. The brokerage house expects JMC Projects to report net profit at Rs 38.9 crore down 13.8% year-on-year (up 51.3% quarter-on-quarter).
Net Sales are expected to increase by 20 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs 1,126.4 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 117.5 percent Y-o-Y (up 120.8 percent Q-o-Q) to Rs 114.5 crore.
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