Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Engineering sector. The brokerage house expects Finolex Cables to report net profit at Rs. 114 crore up 22.6% year-on-year (up 39.6% quarter-on-quarter).
Net Sales are expected to increase by 4.6 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 747 crore, according to Sharekhan.
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Sharekhan Earnings Estimates - Consolidated
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