Net Sales are expected to increase by 17.2 percent Y-o-Y (down 18.4 percent Q-o-Q) to Rs. 2,765.1 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Road & Construction sector. The brokerage house expects NCC to report net profit at Rs. 128.2 crore up 23.7% year-on-year (down 26.5% quarter-on-quarter).
Net Sales are expected to increase by 17.2 percent Y-o-Y (down 18.4 percent Q-o-Q) to Rs. 2,765.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.8 percent Y-o-Y (down 18.6 percent Q-o-Q) to Rs. 323.5 crore.
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