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Last Updated : Jan 11, 2019 02:45 PM IST | Source: Moneycontrol.com

BHEL Q3 PAT seen up 65.9% YoY to Rs. 258.6 cr: ICICI Direct

Net Sales are expected to increase by 6.1 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 7,030.7 crore, according to ICICI Direct.

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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects BHEL to report net profit at Rs. 258.6 crore up 65.9% year-on-year (up 39.7% quarter-on-quarter).


Net Sales are expected to increase by 6.1 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 7,030.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15 percent Y-o-Y (up 41 percent Q-o-Q) to Rs. 339.6 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.




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First Published on Jan 11, 2019 02:45 pm
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