NCC Q4 PAT seen up 23.1% YoY to Rs 78.5 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 NCC to report net profit at Rs. 78.5 crore up 23.1% year-on-year (down 21.8% quarter-on-quarter).

Net Sales are expected to increase by 11.1 percent Y-o-Y (up 28.4 percent Q-o-Q) to Rs. 2,376 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 26.3 percent Y-o-Y (down 13.8 percent Q-o-Q) to Rs. 220 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.

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *