Moneycontrol
Jan 14, 2017 01:48 PM IST IST | Source: Moneycontrol.com

Thermax Q3 PAT seen up 6.1% to Rs 63.3 cr: ICICI Securities

Net Sales are expected to increase by 8.2 percent Q-o-Q (down 9.3 percent Y-o-Y) to Rs 941.9 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 Thermax to report net profit at 63.3 crore up 6.1% quarter-on-quarter.


Net Sales are expected to increase by 8.2 percent Q-o-Q (down 9.3 percent Y-o-Y) to Rs 941.9 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.2 percent Q-o-Q (down 14.6 percent Y-o-Y) to Rs 84.4 crore.

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