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Crompton Greaves Con Q3 PAT may dip 19.6% YoY to Rs. 129.4 cr: ICICI Direct

Net Sales are expected to increase by 14.9 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 1,230.7 crore, according to ICICI Direct.

January 18, 2021 / 05:26 PM IST
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ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Crompton Greaves Con to report net profit at Rs. 129.4 crore down 19.6% year-on-year (down 8.7% quarter-on-quarter).


Net Sales are expected to increase by 14.9 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 1,230.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.8 percent Y-o-Y (down 8 percent Q-o-Q) to Rs. 176 crore.


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