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Last Updated : Jul 16, 2019 03:56 PM IST | Source: Moneycontrol.com

ABB Q2 PAT seen up 22.9% YoY to Rs. 125.6 cr: Kotak

Net Sales are expected to decrease by 31.8 percent Y-o-Y to Rs. 1,849.7 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects ABB to report net profit at Rs. 125.6 crore up 22.9% year-on-year (up 8.1% quarter-on-quarter).


Net Sales are expected to decrease by 31.8 percent Y-o-Y to Rs. 1,849.7 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 24.4 percent Y-o-Y (up 1.8 percent Q-o-Q) to Rs. 148.2 crore.


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First Published on Jul 15, 2019 05:51 pm
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