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CESC Q1 PAT seen up 22.3% YoY to Rs. 217.7 cr: Kotak

Net Sales are expected to increase by 10.4 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 2,196.3 crore, according to Kotak.

July 18, 2018 / 04:16 PM IST
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Kotak has come out with its first quarter (April-June’ 18) earnings estimates for the Utilities sector. The brokerage house expects CESC to report net profit at Rs. 217.7 crore up 22.3% year-on-year (down 25.4% quarter-on-quarter).


Net Sales are expected to increase by 10.4 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 2,196.3 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.9 percent Y-o-Y (down 14.6 percent Q-o-Q) to Rs. 470.6 crore.


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