HomeNewsBusinessEarningsApar Industries Q2 PAT seen up 172.8% YoY to Rs. 149.3 cr: Yes Securities
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Apar Industries Q2 PAT seen up 172.8% YoY to Rs. 149.3 cr: Yes Securities

Net Sales are expected to increase by 35.6 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 3,077.3 crore, according to Yes Securities.

Broker Research
October 14, 2022 / 10:49 IST
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Aether Industries | CMP: Rs 783.80 | The stock price ended in the red on June 14. SBI Mutual Fund bought additional 3.23 lakh shares in Aether Industries. SBI Mutual Fund acquired additional 3.23 lakh shares in the company via open market transactions. With this, its shareholding in the firm stands increased to 5.1775 percent, up from 4.9180 percent earlier.
Aether Industries | CMP: Rs 783.80 | The stock price ended in the red on June 14. SBI Mutual Fund bought additional 3.23 lakh shares in Aether Industries. SBI Mutual Fund acquired additional 3.23 lakh shares in the company via open market transactions. With this, its shareholding in the firm stands increased to 5.1775 percent, up from 4.9180 percent earlier.

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Apar Industries to report net profit at Rs. 149.3 crore up 172.8% year-on-year (up 21.9% quarter-on-quarter).

Net Sales are expected to increase by 35.6 percent Y-o-Y (down 0.5 percent Q-o-Q) to Rs. 3,077.3 crore, according to Yes Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 321 percent Y-o-Y (up 115 percent Q-o-Q) to Rs. 271.7 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

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