Net Sales are expected to increase by 39.9 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 1,029 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 PNC Infratech to report net profit at Rs. 74.4 crore down 27.4% year-on-year (down 46.8% quarter-on-quarter).
Net Sales are expected to increase by 39.9 percent Y-o-Y (down 4.3 percent Q-o-Q) to Rs. 1,029 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.3 percent Y-o-Y (down 6.4 percent Q-o-Q) to Rs. 141.5 crore.
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