IRB Infrastructure Q2 PAT may dip 13.2% YoY to Rs. 150 cr: Sharekhan
Net Sales are expected to increase by 8.3 percent Y-o-Y (down 12.5 percent Q-o-Q) to Rs. 1,551 crore, according to Sharekhan.
Sharekhan has come out with its second quarter (July-September' 19) earnings estimates for the Cement/Infra/Building Materials sector. The brokerage house expects IRB Infrastructure to report net profit at Rs. 150 crore down 13.2% year-on-year (down 27.3% quarter-on-quarter).
Net Sales are expected to increase by 8.3 percent Y-o-Y (down 12.5 percent Q-o-Q) to Rs. 1,551 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.
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