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SKF India Q3 PAT seen up 42.8% YoY to Rs. 73.1 cr: ICICI Direct

Net Sales are expected to increase by 10.4 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 781 crore, according to ICICI Direct.

January 14, 2021 / 08:28 PM IST
SKF India |Company reported profit at Rs 65 crore in Q2FY21 against Rs 84.6 crore, revenue fell to Rs 703.2 crore from Rs 747.2 crore YoY. (Image: skf.com)

SKF India |Company reported profit at Rs 65 crore in Q2FY21 against Rs 84.6 crore, revenue fell to Rs 703.2 crore from Rs 747.2 crore YoY. (Image: skf.com)

 
 
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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 SKF India to report net profit at Rs. 73.1 crore up 42.8% year-on-year (up 12.4% quarter-on-quarter).

Net Sales are expected to increase by 10.4 percent Y-o-Y (up 11.1 percent Q-o-Q) to Rs. 781 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 50.7 percent Y-o-Y (up 19 percent Q-o-Q) to Rs. 109.3 crore.

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