Net Sales are expected to decrease by 0.1 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 910.7 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 Sadbhav Engg. to report net profit at Rs. 49.3 crore down 22.3% year-on-year (up 70.3% quarter-on-quarter).
Net Sales are expected to decrease by 0.1 percent Y-o-Y (down 10.9 percent Q-o-Q) to Rs. 910.7 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3 percent Y-o-Y (down 13.1 percent Q-o-Q) to Rs. 110.2 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More
