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Last Updated : Jan 15, 2020 03:22 PM IST | Source: Moneycontrol.com

Elgi Equipments Q3 PAT may dip 26.4% YoY to Rs. 17.2 cr: ICICI Direct

Net Sales are expected to decrease by 1.5 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 463.3 crore, according to ICICI Direct.

 
 
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ICICI Direct has come out with its Third quarter (October-December’ 19) earnings estimates for the Capital Goods and Power sector. The brokerage house expects Elgi Equipments to report net profit at Rs. 17.2 crore down 26.4% year-on-year (up 47.7% quarter-on-quarter).

Net Sales are expected to decrease by 1.5 percent Y-o-Y (up 4.2 percent Q-o-Q) to Rs. 463.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 17.1 percent Y-o-Y (up 17.8 percent Q-o-Q) to Rs. 39.4 crore.

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First Published on Jan 15, 2020 03:22 pm
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