Infra Sector Q2 Earnings Preview - Stellar Execution Expected: Prabhudas Lilladher

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. .Prabhudas Lilladher Report.Despite onset of monsoon, we expect our coverage universe to report strong execution growth in Q2 versus Q1 with an average revenue growth of ~33% YoY backed by- rising availability of labour force on project sites (average labour availability at pre-Covid-19 levels), timely disbursal of payments from Government authorities supporting working capital levels, easing supply side constraints and sharp rise in toll collection amid pickup in economic activity. We expect Ebitda margins to sequentially recovery as operating leverage kicks in. Adjusted profit after tax is expected to rise by an average of ~91% YoY, on better operational efficiencies, reduced interest rates and low base of last year..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.

Infra Sector Q2 Earnings Preview - Stellar Execution Expected: Prabhudas Lilladher

Infra Sector Q2 Earnings Preview - Stellar Execution Expected: Prabhudas Lilladher

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