Net Sales are expected to increase by 48.7 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 2,751.6 crore, according to ICICI Direct.
ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Construction & Roads sector. The brokerage house expects NCC to report net profit at Rs. 122.1 crore up 21.6% year-on-year (down 2.8% quarter-on-quarter).
Net Sales are expected to increase by 48.7 percent Y-o-Y (down 11.4 percent Q-o-Q) to Rs. 2,751.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.7 percent Y-o-Y (down 13.6 percent Q-o-Q) to Rs. 315.5 crore.
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