Moneycontrol
Last Updated : Jan 11, 2019 03:50 PM IST | Source: Moneycontrol.com

Elgi Equipments Q3 PAT seen up 12.6% YoY to Rs. 31.6 cr: ICICI Direct

Net Sales are expected to increase by 17 percent Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 486 crore, according to ICICI Direct.

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ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects Elgi Equipments to report net profit at Rs. 31.6 crore up 12.6% year-on-year (up 24% quarter-on-quarter).


Net Sales are expected to increase by 17 percent Y-o-Y (up 7.6 percent Q-o-Q) to Rs. 486 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.5 percent Y-o-Y (up 19.8 percent Q-o-Q) to Rs. 52 crore.


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First Published on Jan 11, 2019 03:50 pm
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