Religare has come out with its third quarter (October-December) earnings estimates for the India Metals sector. The brokerage house expects AIA Engineering to report net profit at Rs 130 crore up 11% quarter-on-quarter.
Net Sales are expected to increase by 3.9 percent Q-o-Q (up 11.5 percent Y-o-Y) to Rs 550 crore, according to Religare.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.8 percent Q-o-Q (up 17.8 percent Y-o-Y) to Rs 180 crore.
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