Havells India Q4 PAT seen up 90% YoY to Rs. 336.7 cr: Motilal Oswal

Motilal Oswal has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Durables sector. The brokerage house expects Havells India to report net profit at Rs. 336.7 crore up 90% year-on-year (down 3.6% quarter-on-quarter).

Net Sales are expected to increase by 55.8 percent Y-o-Y (up 9.1 percent Q-o-Q) to Rs. 3,453.3 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 101.5 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 494.3 crore.

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