Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Consumer Durables sector. The brokerage house expects Bajaj Electricals to report net profit at Rs. 49.6 crore up 3.5% year-on-year (down 21.8% quarter-on-quarter).
Net Sales are expected to decrease by 1.8 percent Y-o-Y (down 12.4 percent Q-o-Q) to Rs. 1,298.5 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36 percent Y-o-Y (down 19.9 percent Q-o-Q) to Rs. 805 crore.
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