Simplex Infra Q4 PAT seen up 39% YoY to Rs. 40.8 cr: ICICI Direct
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Road & Construction sector. The brokerage house expects Simplex Infra to report net profit at Rs. 40.8 crore up 39% year-on-year (up 12.5% quarter-on-quarter).
Net Sales are expected to increase by 3.7 percent Y-o-Y (up 21.8 percent Q-o-Q) to Rs. 1708.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.5 percent Y-o-Y (up 9.6 percent Q-o-Q) to Rs. 196 crore.
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