Aster DM Q3 PAT seen up 68.5% YoY to Rs. 155.8 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Hospitals sector. The brokerage house expects Aster DM to report net profit at Rs. 155.8 crore up 68.5% year-on-year (up 45.7% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 2,494 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.4 percent Y-o-Y (up 18.1 percent Q-o-Q) to Rs. 404.7 crore.

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