AIA Engineering Q3 PAT may dip 3.1% YoY to Rs. 125 cr: ICICI Direct

ICICI Direct has come out with its Third quarter (October-December’ 19) earnings estimates for the Capital Goods and Power sector. The brokerage house expects AIA Engineering to report net profit at Rs. 125 crore down 3.1% year-on-year (down 19.1% quarter-on-quarter).

Net Sales are expected to increase by 5.3 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 764.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.3 percent Y-o-Y (up 9.7 percent Q-o-Q) to Rs. 169 crore.

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