Cochin Shipyard Q1 PAT seen up 180.4% YoY to Rs. 119.6 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Capital Goods and Power sector. The brokerage house expects Cochin Shipyard to report net profit at Rs. 119.6 crore up 180.4% year-on-year (down 49.4% quarter-on-quarter).

Net Sales are expected to increase by 109.3 percent Y-o-Y (down 35.6 percent Q-o-Q) to Rs. 695.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 683.9 percent Y-o-Y (down 48.1 percent Q-o-Q) to Rs. 133.6 crore.

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