Astra Microwave Q4 PAT seen up 12.3% YoY to Rs. 34 cr: Edelweiss

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects Astra Microwave to report net profit at Rs. 34 crore up 12.3% year-on-year (up 106.3% quarter-on-quarter).

Net Sales are expected to increase by 10.7 percent Y-o-Y (up 100.6 percent Q-o-Q) to Rs. 173.1 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 24.2 percent Y-o-Y (up 51.1 percent Q-o-Q) to Rs. 52.9 crore.

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