Net Sales are expected to increase by 33.1 percent Y-o-Y (up 14.7 percent Q-o-Q) to Rs. 877 crore, according to HDFC Securities.
HDFC Securities has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & infra sector. The brokerage house expects Ashoka Buildcon to report net profit at Rs. 61 crore up 28.9% year-on-year (down 2.4% quarter-on-quarter).
Net Sales are expected to increase by 33.1 percent Y-o-Y (up 14.7 percent Q-o-Q) to Rs. 877 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 42.6 percent Y-o-Y (up 2.5 percent Q-o-Q) to Rs. 106 crore.
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