Jan 14, 2017 01:52 PM IST IST | Source: Moneycontrol.com

Texmaco Q3 PAT may dip 32.3% to Rs 11.6 cr: ICICI Securities

Net Sales are expected to decrease by 25 percent Q-o-Q (down 30.4 percent Y-o-Y) to Rs 177.3 crore, according to ICICI Securities.

ICICI Securities has come out with its third quarter (October-December) earnings estimates for the Capital goods sector. The brokerage house expects Texmaco to report net profit at 11.6 crore down 32.3% quarter-on-quarter.

Net Sales are expected to decrease by 25 percent Q-o-Q (down 30.4 percent Y-o-Y) to Rs 177.3 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 33.4 percent Q-o-Q (down 49.3 percent Y-o-Y) to Rs 6.1 crore.

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