Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Education sector. The brokerage house expects Navneet Education to report net profit at Rs. 14 crore down 66.2% YoY.
Net Sales are expected to increase by 9.3 percent Y-o-Y (up 33.3 percent Q-o-Q) to Rs. 352.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 46 percent Y-o-Y (up 229.1 percent Q-o-Q) to Rs. 33.9 crore.
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