HomeNewsBusinessEarningsBharat Electronics Q2 PAT seen up 0.4% YoY to Rs. 615.1 cr: Prabhudas Lilladher

Bharat Electronics Q2 PAT seen up 0.4% YoY to Rs. 615.1 cr: Prabhudas Lilladher

Net Sales are expected to increase by 12.5 percent Y-o-Y (up 32.3 percent Q-o-Q) to Rs. 4,117.3 crore, according to Prabhudas Lilladher.

October 11, 2022 / 12:32 IST
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Bharat Electronics | CMP: Rs 270.45 | The stock ended in the green after the firm signed a Rs 250 crore contract with Ministry of Defence. It will supply nine integrated ASW complex (IAC) MOD 'C' systems. IAC MOD 'C' is an integrated anti-submarine warfare (ASW) system for all surface ships of the Indian Navy.
Bharat Electronics | CMP: Rs 270.45 | The stock ended in the green after the firm signed a Rs 250 crore contract with Ministry of Defence. It will supply nine integrated ASW complex (IAC) MOD 'C' systems. IAC MOD 'C' is an integrated anti-submarine warfare (ASW) system for all surface ships of the Indian Navy.

Prabhudas Lilladher has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 615.1 crore up 0.4% year-on-year (up 42.5% quarter-on-quarter).

Net Sales are expected to increase by 12.5 percent Y-o-Y (up 32.3 percent Q-o-Q) to Rs. 4,117.3 crore, according to Prabhudas Lilladher.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1 percent Y-o-Y (up 65.2 percent Q-o-Q) to Rs. 848.2 crore.

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