Bharat Electronics Q3 PAT seen up 41.9% YoY to Rs. 305.2 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 305.2 crore up 41.9% year-on-year (down 23.1% quarter-on-quarter).

Net Sales are expected to increase by 26.7 percent Y-o-Y (down 9.7 percent Q-o-Q) to Rs. 2,878.1 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.6 percent Y-o-Y (down 20.6 percent Q-o-Q) to Rs. 495.1 crore.

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