Moneycontrol PRO
Loans
HomeNewsBusinessEarningsEngineers India Q2 PAT seen up 23.5% YoY to Rs. 73.4 cr: Yes Securities

Engineers India Q2 PAT seen up 23.5% YoY to Rs. 73.4 cr: Yes Securities

Net Sales are expected to increase by 20.1 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 778.2 crore, according to Yes Securities.

October 14, 2022 / 11:14 IST
engineers_india_83427652

engineers_india_83427652

 
 
live
  • bselive
  • nselive
Volume
Todays L/H
More

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Engineers India to report net profit at Rs. 73.4 crore up 23.5% year-on-year (up 45.4% quarter-on-quarter).

Net Sales are expected to increase by 20.1 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 778.2 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23 percent Y-o-Y (up 382 percent Q-o-Q) to Rs. 74.3 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.

Yes_ALL

Broker Research
first published: Oct 14, 2022 11:14 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347