Apar Industries Q3 PAT seen up 47.3% YoY to Rs. 54 cr: Yash Securities

Yash Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Infrastructure sector. The brokerage house expects Apar Industries to report net profit at Rs. 54 crore up 47.3% year-on-year (up 1% quarter-on-quarter).

Net Sales are expected to decrease by 4.7 percent Y-o-Y (up 18.2 percent Q-o-Q) to Rs. 1,749.8 crore, according to Yash Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.8 percent Y-o-Y (down 94.3 percent Q-o-Q) to Rs. 124.2 crore.

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