Moneycontrol
Oct 13, 2017 04:36 PM IST | Source: Moneycontrol.com

Welspun India Q2 PAT may dip 57.3% YoY to Rs. 145.9 cr: Edelweiss

Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 14.4 percent Q-o-Q) to Rs. 1761.3 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 Welspun India to report net profit at Rs. 145.9 crore down 57.3% year-on-year (up 17.4% quarter-on-quarter).


Net Sales are expected to decrease by 1.6 percent Y-o-Y (up 14.4 percent Q-o-Q) to Rs. 1761.3 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 15.7 percent Y-o-Y (up 12.3 percent Q-o-Q) to Rs. 364.1 crore.


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