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Last Updated : Jul 11, 2019 05:45 PM IST | Source: Moneycontrol.com

Havells Q1 PAT seen up 13.9% YoY to Rs. 239.5 cr: ICICI Direct

Net Sales are expected to increase by 12 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,907.5 crore, according to ICICI Direct.

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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Havells to report net profit at Rs. 239.5 crore up 13.9% year-on-year (up 15.8% quarter-on-quarter).


Net Sales are expected to increase by 12 percent Y-o-Y (up 5.7 percent Q-o-Q) to Rs. 2,907.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.6 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 354.7 crore.


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First Published on Jul 11, 2019 05:45 pm
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