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AIA Engineering Q3 PAT may dip 12.9% YoY to Rs. 136 cr: Yash Securities

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.

January 19, 2021 / 23:01 IST
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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.

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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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