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Gujarat Industries Power Q2 PAT may dip 5.5% YoY to Rs. 64.4 cr: Emkay

Net Sales are expected to decrease by 12.1 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 317.4 crore, according to Emkay.

October 14, 2019 / 05:03 PM IST
 
 
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Emkay has come out with its second quarter (July-September’ 19) earnings estimates for the Power sector. The brokerage house expects Gujarat Industries Power to report net profit at Rs. 64.4 crore down 5.5% year-on-year (down 24.6% quarter-on-quarter).


Net Sales are expected to decrease by 12.1 percent Y-o-Y (down 10.3 percent Q-o-Q) to Rs. 317.4 crore, according to Emkay.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 13.4 percent Y-o-Y (down 18.8 percent Q-o-Q) to Rs. 127 crore.


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