Moneycontrol
Jul 20, 2017 07:02 PM IST | Source: Moneycontrol.com

Spice Jet Q1 PAT seen up 21.9% YoY to Rs 181.7 cr: Edelweiss

Net Sales are expected to increase by 10.5 percent Q-o-Q (up 18.1 percent Y-o-Y) to Rs 1796.6 crore, according to Edelweiss. Spice Jet to report net profit at 181.7 crore up 21.9% year-on-year.

 
 
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Edelweiss has come out with its first quarter (April-June) earnings estimates for the Leisure and Travel sector. The brokerage house expects Spice Jet to report net profit at 181.7 crore up 21.9% year-on-year (336.4% quarter-on-quarter).


Net Sales are expected to increase by 10.5 percent Q-o-Q (up 18.1 percent Y-o-Y) to Rs 1796.6 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 49.2 percent Q-o-Q (up 4 percent Y-o-Y) to Rs 470.1 crore.


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