HDFC Securities has come out with its third quarter (October-December) earnings estimates for the Consumer Durable sector. The brokerage house expects
Havells to report net profit at Rs. 130 crore down 6.7% quarter-on-quarter.
Net Sales are expected to decrease by 4.4 percent Q-o-Q (up 3.3 percent Y-o-Y) to Rs 1390 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.9 percent Q-o-Q (up 3.2 percent Y-o-Y) to Rs 190 crore.
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