Cochin Shipyard Q1 PAT seen up 7.9% YoY to Rs. 114.7 cr: Kotak

Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Cochin Shipyard to report net profit at Rs. 114.7 crore up 7.9% year-on-year (up 17.7% quarter-on-quarter).

Net Sales are expected to increase by 19.1 percent Y-o-Y (down 0.4 percent Q-o-Q) to Rs. 784.8 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.6 percent Y-o-Y (up 34.8 percent Q-o-Q) to Rs. 148.2 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.