Narayana Hrudala Q3 PAT seen up 92.4% YoY to Rs. 78.5 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Hospitals sector. The brokerage house expects Narayana Hrudala to report net profit at Rs. 78.5 crore up 92.4% year-on-year (down 21% quarter-on-quarter).

Net Sales are expected to increase by 19.5 percent Y-o-Y (down 4.6 percent Q-o-Q) to Rs. 896.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 49.2 percent Y-o-Y (down 7.3 percent Q-o-Q) to Rs. 156.6 crore.

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