Net Sales are expected to decrease by 22.1 percent Y-o-Y (down 26.2 percent Q-o-Q) to Rs. 1,896.7 crore, according to Kotak.
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Dilip Buildcon to report net profit at Rs. 88.8 crore down 65.2% year-on-year (down 58.8% quarter-on-quarter).
Net Sales are expected to decrease by 22.1 percent Y-o-Y (down 26.2 percent Q-o-Q) to Rs. 1,896.7 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.1 percent Y-o-Y (down 26 percent Q-o-Q) to Rs. 332.8 crore.
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