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Budget 2021

Associate Partners:

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Moneycontrol

Budget 2021

Associate Partners:

  • SMCSamsungVolvo
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KEC International Q3 PAT seen up 18.6% YoY to Rs. 171.9 cr: ICICI Direct

Net Sales are expected to increase by 16.8 percent Y-o-Y (up 10.1percent Q-o-Q) to Rs. 3,588 crore, according to ICICI Direct.

January 14, 2021 / 08:19 PM IST
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ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Capital Goods sector. The brokerage house expects KEC International to report net profit at Rs. 171.9 crore up 18.6% year-on-year (up 20.6% quarter-on-quarter).

Net Sales are expected to increase by 16.8 percent Y-o-Y (up 10.1percent Q-o-Q) to Rs. 3,588 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 7.5 percent Y-o-Y (up 16.8 percent Q-o-Q) to Rs. 342.3 crore.

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