Get App
Download App Scanner
Scan to Download
Advertisement
This Article is From Nov 04, 2020

Dolat Capital: PNC Infratech Q2 Review - Receiving Appointed Date Crucial For Growth

Dolat Capital: PNC Infratech Q2 Review - Receiving Appointed Date Crucial For Growth
Cranes operate at a construction site in New Delhi, India. (Photographer: Anindito Mukherjee/Bloomberg)
STOCKS IN THIS STORY
PNC Infratech Ltd
--

BQ Blue's special research section collates quality and in-depth equity and economy research reports from across India's top brokerages, asset managers and research agencies. These reports offer BloombergQuint's subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Dolat Capital Report

PNC Infratech Ltd. reported results in line with estimates.

The company posted 10.7%/44.8%/29.4% YoY de-growth in revenue/Ebitda/adjusted profit after tax to Rs 10.5 billion/Rs 1.4 billion/Rs 693 million in Q2 FY21.

The company is currently operating with 90% labour and expects 100% post Diwali.

We broadly maintain our estimates for FY21E/ FY22E factoring H1 FY21 results and introduce FY23E estimates.

Click on the attachment to read the full report:

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Essential Business Intelligence, Continuous LIVE TV, Sharp Market Insights, Practical Personal Finance Advice and Latest Stories — On NDTV Profit.

Newsletters

Update Email
to get newsletters straight to your inbox
⚠️ Add your Email ID to receive Newsletters
Note: You will be signed up automatically after adding email

News for You

Set as Trusted Source
on Google Search