Industrials Q3 Earnings Preview - A Mixed Quarter: HDFC Securities

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..HDFC Securities Report.Unseasonal rains, National Capital Region National Green Tribunal ban, delays in appointed date, and a low contribution from Jal Jeevan mission orders have impacted Q3 FY22 execution. On a case-by-case basis, the performance may differ based on order mix and appointed date. This is also the quarter in which some companies may continue to make their balance sheets leaner: Ashoka Buildcon Ltd.'s sales of Ashoka Concessions Ltd. toll assets (Rs 5 billion write-off);KNR Constructions Ltd. monetisation of hybrid-annuity model asset to Cube;Dilip Buildcon Ltd. monetisation of HAM assets to Cube;Larsen and Toubro Ltd. refinancing of Hyderabad Metro debt; andKalpataru Power Transmission Ltd./JMC Projects India Ltd. concluding Kohima asset sale/progress on restructuring of road asset. Hence, this quarter shall see more of balance sheet strengthening. .Click on the attachment to read the full report:.DISCLAIMERThis 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 author entity 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.

Industrials Q3 Earnings Preview - A Mixed Quarter: HDFC Securities

Industrials Q3 Earnings Preview - A Mixed Quarter: HDFC Securities

Choose a plan