Moneycontrol
Jan 14, 2017 01:49 PM IST IST | Source: Moneycontrol.com

Voltas Q3 PAT may dip 25.9% to Rs 53.4 cr: ICICI Securities

Net Sales are expected to increase by 24.4 percent Q-o-Q (down 6.6 percent Y-o-Y) to Rs 1221 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 Voltas to report net profit at 53.4 crore down 25.9% quarter-on-quarter.


Net Sales are expected to increase by 24.4 percent Q-o-Q (down 6.6 percent Y-o-Y) to Rs 1221 crore, according to ICICI Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21.8 percent Q-o-Q (down 8 percent Y-o-Y) to Rs 53.7 crore.

Disclaimer:
The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
X
Sections
Follow us on
Available On