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.
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