Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the CONSUMER DURABLES sector. The brokerage house expects Blue Star to report net profit at Rs 49.6 crore up 4.2% year-on-year (up 16.3% quarter-on-quarter).
Net Sales are expected to increase by 7 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs 1,611.7 crore, according to Nirmal Bang.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.5 percent Y-o-Y (up 14.9 percent Q-o-Q) to Rs 98.3 crore.
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