CESC Q4 PAT may dip 27.3% YoY to Rs. 212.3 cr: Kotak

Kotak has come out with its fourth quarter (January-March’ 19) earnings estimates for the Electric Utilities sector. The brokerage house expects CESC to report net profit at Rs. 212.3 crore down 27.3% year-on-year (up 22.7% quarter-on-quarter).

Net Sales are expected to decrease by 2.5 percent Y-o-Y (up 6.4 percent Q-o-Q) to Rs. 2,029.6 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 19.1 percent Y-o-Y (up 10.9 percent Q-o-Q) to Rs. 445.6 crore.

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