SKF India Q4 PAT seen up 14.5% YoY to Rs. 81.9 cr: ICICI Direct

Net Sales are expected to increase by 8.8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 765.5 crore, according to ICICI Direct.

April 12, 2019 / 03:50 PM IST
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects SKF India to report net profit at Rs. 81.9 crore up 14.5% year-on-year (down 7.4% quarter-on-quarter).


Net Sales are expected to increase by 8.8 percent Y-o-Y (down 0.3 percent Q-o-Q) to Rs. 765.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.8 percent Y-o-Y (down 1.6 percent Q-o-Q) to Rs. 119.7 crore.


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