Moneycontrol Be a Pro
Get App
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.

Moneycontrol News @moneycontrolcom
 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

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.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .
First Published on Jan 11, 2019 03:50 pm
Loading...
Sections
Follow us on
Available On
PCI DSS Compliant