Aster DM Q4 PAT seen up 81.4% YoY to Rs. 191.2 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Hospitals sector. The brokerage house expects Aster DM to report net profit at Rs. 191.2 crore up 81.4% year-on-year (up 28.9% quarter-on-quarter).

Net Sales are expected to increase by 11.7 percent Y-o-Y (up 0.8 percent Q-o-Q) to Rs. 2,671.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 40 percent Y-o-Y (down 13.2 percent Q-o-Q) to Rs. 449.4 crore.

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