Moneycontrol
Oct 13, 2017 04:27 PM IST | Source: Moneycontrol.com

Himatsingka Seide Q2 PAT seen up 25% YoY to Rs. 57.6 cr: Edelweiss

Net Sales are expected to increase by 9 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 573.5 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 Himatsingka Seide to report net profit at Rs. 57.6 crore up 25% year-on-year (13.8% quarter-on-quarter).


Net Sales are expected to increase by 9 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 573.5 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 27.9 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 115.8 crore.


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