Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Consumer Durables sector. The brokerage house expects Crompton Greaves Consumer Electricals to report net profit at Rs. 108.2 crore down 45.3% year-on-year (up 26.9% quarter-on-quarter).
Net Sales are expected to increase by 17.1 percent Y-o-Y (up 19.6 percent Q-o-Q) to Rs. 1,812.9 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 21.7 percent Y-o-Y (up 22.4 percent Q-o-Q) to Rs. 186.5 crore.
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