Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects CG Power & Industrial solutions to report net profit at Rs. 64.7 crore up 72% year-on-year (down 25.5% quarter-on-quarter).
Net Sales are expected to increase by 10.9 percent Y-o-Y (up 25.1 percent Q-o-Q) to Rs. 1,897.2 crore, according to Edelweiss.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.8 percent Y-o-Y (up 12.3 percent Q-o-Q) to Rs. 142.7 crore.
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