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Last Updated : Oct 11, 2019 02:34 PM IST | Source: Moneycontrol.com

CESC Q2 PAT seen up 9.2% YoY to Rs. 296 cr: Kotak

Net Sales are expected to increase by 10.7 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 2497.9 crore, according to Kotak.

 
 
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Kotak has come out with its second quarter (July-September’ 19) earnings estimates for the Electric Utilities sector. The brokerage house expects CESC to report net profit at Rs. 296 crore up 9.2% year-on-year (up 30.4% quarter-on-quarter).


Net Sales are expected to increase by 10.7 percent Y-o-Y (up 3.6 percent Q-o-Q) to Rs. 2497.9 crore, according to Kotak.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8.6 percent Y-o-Y (up 18.1 percent Q-o-Q) to Rs. 595.2 crore.


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First Published on Oct 11, 2019 02:34 pm
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