Jet Airways Q4 PAT may dip 61.5% to Rs 54.8 cr: ICICI Securities

ICICI Securities has come out with its fourth quarter (January-March) earnings estimates for the Aviation sector. The brokerage house expects Jet Airways to report net profit at 54.8 crore down 61.5% quarter-on-quarter.

Net Sales are expected to increase by 1 percent Q-o-Q (up 5.5 percent Y-o-Y) to Rs 5534.2 crore, according to ICICI Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.1 percent Q-o-Q (down 67.5 percent Y-o-Y) to Rs 264.8 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.