HomeNewsBusinessEarningsCrompton Q1 PAT seen up 34.9% YoY to Rs. 110 cr: HDFC
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Crompton Q1 PAT seen up 34.9% YoY to Rs. 110 cr: HDFC

Net Sales are expected to increase by 14.3 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 1,210 crore, according to HDFC.

Moneycontrol News
July 23, 2018 / 11:11 IST
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We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)
We are in the last phase of the September quarter earnings season, and the results announced by the BSE 500 companies so far have shown signs of a sharp recovery, as compared to the June quarter, when the economic activity in the country was compromised due to lockdown in various regions. From the BSE 500 list, 216 companies have announced their September quarter results so far. We excluded banking and financial companies.  Along with the index stocks we also analyse each sector quarterly earnings. (Data Source: ACE Equity)

HDFC has come out with its first quarter (April-June’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects Crompton to report net profit at Rs. 110 crore up 34.9% year-on-year (up 4.9% quarter-on-quarter).

Net Sales are expected to increase by 14.3 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 1,210 crore, according to HDFC.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 32 percent Y-o-Y (up 3.9 percent Q-o-Q) to Rs. 170 crore.

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