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Axis Securities Report
The road construction companies under coverage are anticipated to report flattish revenue as the execution was affected by extreme rainfall. Ebitda is expected to decline by 2.5%, while adjusted profit after tax is projected to be 1.5% higher YoY.
Ebitda margins are estimated at 14.2%, compared to 14.8% in the same period last year.
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Also Read: Cement Q2 Results Preview - Weak Realisation, Poor Demand To Squeeze Top-Line Growth: Yes Securities
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