Infra Sector Q3 Earnings  Review: Dolat Capital
A construction crane is illuminated by sunlight as it stands on a building development. (Photographer Adam Glamzman/Bloomberg)

Infra Sector Q3 Earnings Review: Dolat Capital

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

Our coverage universe of eight stocks reported revenue of Rs 88.7 billion in Q3 FY21, a growth of 3.6% YoY (up 31.6% QoQ) as execution picked up pace led by receding lockdown issues and monsoon.

Ebitda was flat at 0.2% YoY (up 29.7% QoQ) to Rs 12.7 billion and Ebitda margins contracted 49 basis points YoY (down 20 bps QoQ) to 14.3%.

Adjusted profit after tax witnessed growth of 12.8% YoY (up 68.1% QoQ) to Rs 5.2 billion in Q3 FY21.

Tax rate stood at 31.5% versus 18.7% (Q3 FY20).

Click on the attachment to read the full report:

Dolat Capital Infra and Construction - Q3FY21 Results Review.pdf

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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 author entity and do not represent the views of BloombergQuint.

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