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    HomeNewsBusinessEarningsHavells India Q1 PAT seen up 18.4% YoY to Rs. 287 cr: Nirmal Bang

    Havells India Q1 PAT seen up 18.4% YoY to Rs. 287 cr: Nirmal Bang

    Net Sales are expected to increase by 11.1 percent Y-o-Y (down 3.1 percent Q-o-Q) to Rs. 4,699.8 crore, according to Nirmal Bang.

    Broker Research
    July 12, 2023 / 13:15 IST
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    Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Consumer Electricals sector. The brokerage house expects Havells India to report net profit at Rs. 287 crore up 18.4% year-on-year (down 20.7% quarter-on-quarter).

    Net Sales are expected to increase by 11.1 percent Y-o-Y (down 3.1 percent Q-o-Q) to Rs. 4,699.8 crore, according to Nirmal Bang.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18.9 percent Y-o-Y (down 19.1 percent Q-o-Q) to Rs. 429.6 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.

    Nirmal Bang_Consumer_Durable

    Broker Research
    first published: Jul 12, 2023 01:15 pm

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