Jain Irrigation Q4 PAT seen up 84.8% YoY to Rs. 143.5 cr: KR Choksey

KR Choksey has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Midcap sector. The brokerage house expects Jain Irrigation to report net profit at Rs. 143.5 crore up 84.8% year-on-year (up 114.2% quarter-on-quarter).

Net Sales are expected to increase by 22.5 percent Y-o-Y (up 44.6 percent Q-o-Q) to Rs. 2,732.7 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.9 percent Y-o-Y (up 89.4 percent Q-o-Q) to Rs. 420.8 crore.

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