HomeNewsBusinessEarningsEngineers India Q4 PAT seen up 62.2% YoY to Rs. 107 cr: Edelweiss
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Engineers India Q4 PAT seen up 62.2% YoY to Rs. 107 cr: Edelweiss

Net Sales are expected to increase by 12.8 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 499.7 crore, according to Edelweiss.

Moneycontrol News
April 17, 2018 / 15:48 IST
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Engineers walk past a cooling system plant under construction inside Gujarat International Finance Tec-City (GIFT) at Gandhinagar, in the western Indian state of Gujarat, April 10, 2015. India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. Picture taken April 10, 2015. REUTERS/Amit Dave - GF10000057728
Engineers walk past a cooling system plant under construction inside Gujarat International Finance Tec-City (GIFT) at Gandhinagar, in the western Indian state of Gujarat, April 10, 2015. India's push to accommodate a booming urban population and attract investment rests in large part with dozens of "smart" cities like the one being built on the dusty banks of the Sabarmati river in western India. Picture taken April 10, 2015. REUTERS/Amit Dave - GF10000057728

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects Engineers India to report net profit at Rs. 107 crore up 62.2% year-on-year (down 1.3% quarter-on-quarter).

Net Sales are expected to increase by 12.8 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 499.7 crore, according to Edelweiss.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 117.1 percent Y-o-Y (down 12.6 percent Q-o-Q) to Rs. 117.8 crore.

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