PSP Projects Q4 PAT seen up 15.5% YoY to Rs 39.6 cr: YES Securities

YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Infrastructure sector. The brokerage house expects PSP Projects to report net profit at Rs 39.6 crore up 15.5% year-on-year (up 29.3% quarter-on-quarter).

Net Sales are expected to increase by 10 percent Y-o-Y (up 28.7 percent Q-o-Q) to Rs 502.1 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 19.2 percent Y-o-Y (down 76 percent Q-o-Q) to Rs 56.6 crore.