Adani Ports and SEZ Q2 PAT may dip 18.6% YoY to Rs. 887.7 cr: Edelweiss
Net Sales are expected to increase by 3.9 percent Y-o-Y (down 17.4 percent Q-o-Q) to R.s 2268.1 crore, according to Edelweiss.
Edelweiss has come out with its second quarter (July-September) earnings estimates for the Utilities sector. The brokerage house expects Adani Ports and SEZ to report net profit at Rs. 887.7 crore down 18.6% year-on-year (up 26.2% quarter-on-quarter).
Net Sales are expected to increase by 3.9 percent Y-o-Y (down 17.4 percent Q-o-Q) to Rs. 2268.1 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 1.1 percent Y-o-Y (down 10.2 percent Q-o-Q) to Rs. 1435.9 crore.
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