HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects Crompton to report net profit at Rs. 108 crore up 22.8% year-on-year (up 55.2% quarter-on-quarter).
Net Sales are expected to increase by 14.4 percent Y-o-Y (up 31.2 percent Q-o-Q) to Rs. 1,231 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.6 percent Y-o-Y (up 47 percent Q-o-Q) to Rs. 171 crore.
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HDFC Securities Q4 Preview - Consumer
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