Bharat Electronics Q3 PAT seen up 136.4% YoY to Rs. 619 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 619 crore up 136.4% year-on-year (up 1.1% quarter-on-quarter).

Net Sales are expected to increase by 73.9 percent Y-o-Y (up 9.1 percent Q-o-Q) to Rs. 3993.1 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 103.3 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 895 crore.

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