Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects AIA Engineering to report net profit at Rs. 136 crore down 12.9% year-on-year (down 7.9% quarter-on-quarter).
Net Sales are expected to increase by 3.4 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 7,175 crore, according to Yash Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 187.3 percent Y-o-Y (down 260.1 percent Q-o-Q) to Rs. 165.2 crore.
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