Havells India Q2 PAT may dip 12.3% YoY to Rs. 264.5 cr: Yes Securities

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Consumer Durables sector. The brokerage house expects Havells India to report net profit at Rs. 264.5 crore down 12.3% year-on-year (up 9.1% quarter-on-quarter).

Net Sales are expected to increase by 12.3 percent Y-o-Y (down 14.5 percent Q-o-Q) to Rs. 3,617.9 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 310 percent Y-o-Y (up 21.3 percent Q-o-Q) to Rs. 386 crore.

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