Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects BHEL to report net profit at Rs. 164.9 crore up 6% year-on-year (down 75.8% quarter-on-quarter).
Net Sales are expected to increase by 7.1 percent Y-o-Y (down 38.2 percent Q-o-Q) to Rs. 6,359.2 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.4 percent Y-o-Y (down 79.5 percent Q-o-Q) to Rs. 286.2 crore.
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