Moneycontrol
Jul 20, 2017 07:37 PM IST | Source: Moneycontrol.com

CESC Q1 PAT seen up 3.2% YoY to Rs 179.7 cr: ICICI

Net Sales are expected to increase by 20 percent Q-o-Q (down 0.1 percent Y-o-Y) to Rs 1886.5 crore, according to ICICI. CESC to report net profit at 179.7 crore up 3.2% year-on-year.

CESC Q1 PAT seen up 3.2% YoY to Rs 179.7 cr: ICICI

ICICI has come out with its first quarter (April-June) earnings estimates for the Power sector. The brokerage house expects CESC to report net profit at 179.7 crore up 3.2% year-on-year (down 39.1% quarter-on-quarter).


Net Sales are expected to increase by 20 percent Q-o-Q (down 0.1 percent Y-o-Y) to Rs 1886.5 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 115 percent Q-o-Q (up 13.3 percent Y-o-Y) to Rs 438.7 crore.


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