AIA Engineering Q4 PAT may dip 37% YoY to Rs 102.3 cr: YES Securities

YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects AIA Engineering to report net profit at Rs 102.3 crore down 37% year-on-year (down 35.7% quarter-on-quarter).

Net Sales are expected to decrease by 13.9 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs 738.2 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 130.1 percent Y-o-Y (down 439.7 percent Q-o-Q) to Rs 149.6 crore.