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Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the Infrastructure sector. The brokerage house expects Sadbhav Engineering to report net profit at Rs. 18.4 crore down 308.6% year-on-year (up 21.5% quarter-on-quarter).
Net Sales are expected to increase by 65.9 percent Y-o-Y (up 22 percent Q-o-Q) to Rs. 678.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 70.4 percent Y-o-Y (up 16.7 percent Q-o-Q) to Rs. 86 crore.
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