Bajaj Electricals Q4 PAT seen up 29.4% YoY to Rs. 49.7 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Bajaj Electricals to report net profit at Rs. 49.7 crore up 29.4% year-on-year (up 35% quarter-on-quarter).

Net Sales are expected to increase by 10.5 percent Y-o-Y (up 23.3 percent Q-o-Q) to Rs. 1,412.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 25.1 percent Y-o-Y (up 31.6 percent Q-o-Q) to Rs. 92.5 crore.

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