Navneet Education Q1 PAT seen up 77.8% YoY to Rs. 151.3 cr: Prabhudas Lilladher

Prabhudas Lilladher has come out with its first quarter (April-June’ 26) earnings estimates for the Education sector. The brokerage house expects Navneet Education to report net profit at Rs. 151.3 crore up 77.8% year-on-year (up 201% quarter-on-quarter).

Net Sales are expected to increase by 1.9 percent Y-o-Y (up 87.3 percent Q-o-Q) to Rs. 812.7 crore, according to Prabhudas Lilladher.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.5 percent Y-o-Y (up 181.3 percent Q-o-Q) to Rs. 221 crore.

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