Jan 13, 2017 05:29 PM IST IST | Source: Moneycontrol.com

Titan Q3 PAT seen up 28.3% to Rs 234.8 cr: Edelweiss

Net Sales are expected to increase by 32.6 percent Q-o-Q (up 2.6 percent Y-o-Y) to Rs 3516.7 crore, according to Edelweiss.

Edelweiss has come out with its third quarter (October-December) earnings estimates for the Retail sector. The brokerage house expects Titan to report net profit at 234.8 crore up 28.3% quarter-on-quarter.

Net Sales are expected to increase by 32.6 percent Q-o-Q (up 2.6 percent Y-o-Y) to Rs 3516.7 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.2 percent Q-o-Q (up 8.9 percent Y-o-Y) to Rs 337.6 crore.

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