Bharat Electronics Q4 PAT may dip 25.8% YoY to Rs. 1,003 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Bharat Electronics to report net profit at Rs. 1,003 crore down 25.8% year-on-year (up 71.9% quarter-on-quarter).

Net Sales are expected to decrease by 8.5 percent Y-o-Y (up 71.1 percent Q-o-Q) to Rs. 6,320.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 28 percent Y-o-Y (up 72.5 percent Q-o-Q) to Rs. 1,417.9 crore.

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