HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Agriculture sector. The brokerage house expects PI Industries to report net profit at Rs. 121 crore down 10.7% year-on-year (up 49.6% quarter-on-quarter).
Net Sales are expected to increase by 10.3 percent Y-o-Y (up 24.2 percent Q-o-Q) to Rs. 668 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6 percent Y-o-Y (up 55.5 percent Q-o-Q) to Rs. 163 crore.
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HDFC Securities Q4 Preview - Agriculture
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