Sharekhan has come out with its fourth quarter (January-March’ 21) earnings estimates for the Infrastructure sector. The brokerage house expects KNR Constructions to report net profit at Rs 63 crore down 6.9% year-on-year (up 0.7% quarter-on-quarter).
Net Sales are expected to increase by 5.5 percent Y-o-Y (up 7.5 percent Q-o-Q) to Rs 713 crore, according to Sharekhan.
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