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Himatsingka Seide Q1 PAT seen up 7.6% YoY to Rs 48.8 cr: Edelweiss

Net Sales are expected to increase by 5.2 percent Q-o-Q (up 27.9 percent Y-o-Y) to Rs 614.5 crore, according to Edelweiss. Himatsingka Seide to report net profit at 48.8 crore up 7.6% year-on-year.

July 20, 2017 / 06:56 PM IST
Textile and clothing

Textile and clothing

 
 
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Edelweiss has come out with its first quarter (April-June) earnings estimates for the Textiles sector. The brokerage house expects Himatsingka Seide to report net profit at 48.8 crore up 7.6% year-on-year (7% quarter-on-quarter).


Net Sales are expected to increase by 5.2 percent Q-o-Q (up 27.9 percent Y-o-Y) to Rs 614.5 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.7 percent Q-o-Q (up 15.9 percent Y-o-Y) to Rs 104 crore.


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first published: Jul 12, 2017 06:01 pm

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