Net Sales are expected to increase by 34.7 percent Y-o-Y to Rs. 3,225.3 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Road & Construction sector. The brokerage house expects NCC to report net profit at Rs. 134.1 crore up 30.5% year-on-year (down 16.3% quarter-on-quarter).
Net Sales are expected to increase by 34.7 percent Y-o-Y to Rs. 3225.3 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16 percent Y-o-Y (down 10 percent Q-o-Q) to Rs. 353.2 crore.
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