Moneycontrol
Oct 13, 2017 04:25 PM IST | Source: Moneycontrol.com

Arvind Q2 PAT seen up 20.8% YoY to Rs 87.1 cr: Edelweiss

Net Sales are expected to increase by 7.3 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 2502.4 crore, according to Edelweiss.

 
 
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Edelweiss has come out with its second quarter (July-September) earnings estimates for the Textiles sector. The brokerage house expects Arvind to report net profit at Rs. 87.1 crore up 20.8% year-on-year (down 39.9% quarter-on-quarter).


Net Sales are expected to increase by 7.3 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 2502.4 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 12.1 percent Y-o-Y (up 22.7 percent Q-o-Q) to Rs. 254 crore.


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