Moneycontrol
Jan 14, 2017 01:56 PM IST | Source: Moneycontrol.com

VA Tech Wabag Q3 PAT seen up 24% to Rs 29.8 cr: ICICI Securities

Net Sales are expected to decrease by 2.7 percent Q-o-Q (up 20 percent Y-o-Y) to Rs 756.7 crore, according to ICICI Securities.

 
 
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ICICI Securities has come out with its third quarter (October-December) earnings estimates for the Capital goods sector. The brokerage house expects VA Tech wabag to report net profit at 29.8 crore up 23.9% quarter-on-quarter.


Net Sales are expected to decrease by 2.7 percent Q-o-Q (up 20 percent Y-o-Y) to Rs 756.7 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 11.8 percent Q-o-Q (up 40.6 percent Y-o-Y) to Rs 64.9 crore.

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