ABB Q3 PAT may dip 28.2% YoY to Rs. 96.5 cr: Yash Securities

Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects ABB to report net profit at Rs. 96.5 crore down 28.2% year-on-year (up 12.8% quarter-on-quarter).

Net Sales are expected to decrease by 7.5 percent Y-o-Y (up 12.1 percent Q-o-Q) to Rs. 1,807.2 crore, according to Yash Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35 percent Y-o-Y (down 9.5 percent Q-o-Q) to Rs. 134.4 crore.

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