Aster DM Q1 PAT seen up 276.5% YoY to Rs. 167.4 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Hospitals sector. The brokerage house expects Aster DM to report net profit at Rs. 167.4 crore up 276.5% year-on-year (down 26% quarter-on-quarter).

Net Sales are expected to increase by 10.7 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs. 2,625.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 57 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs. 440.8 crore.

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