EIH Q1 PAT seen up 26.2% YoY to Rs. 14.5 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Hotels sector. The brokerage house expects EIH to report net profit at Rs. 14.5 crore up 26.2% year-on-year (down 74.1% quarter-on-quarter).

Net Sales are expected to increase by 13.4 percent Y-o-Y (down 25.2 percent Q-o-Q) to Rs. 322.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.2 percent Y-o-Y (down 57.5 percent Q-o-Q) to Rs. 41.9 crore.

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