Bajaj Electricals Q4 PAT seen up 637.3% YoY to Rs. 53.9 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Bajaj Electricals to report net profit at Rs. 53.9 crore up 637.3% year-on-year (down 15.6% quarter-on-quarter).

Net Sales are expected to increase by 14.4 percent Y-o-Y (down 15 percent Q-o-Q) to Rs. 1,837.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.4 percent Y-o-Y (down 9.3 percent Q-o-Q) to Rs. 125 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.