Bharat Electron Q4 PAT to Rs 1,034.5 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 Bharat Electron to report net profit at Rs 1,034.5 crore (up 295.1% quarter-on-quarter).

Net Sales are expected to increase by 12.1 percent Y-o-Y (up 183.4 percent Q-o-Q) to Rs 6,508.5 crore, according to YES Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 325.3 percent Y-o-Y (up 310.6 percent Q-o-Q) to Rs 1,450.3 crore.

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