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Last Updated : Apr 16, 2019 11:44 AM IST | Source: Moneycontrol.com

Solar Industries Q4 PAT seen up 12.3% YoY to Rs. 76.1 cr: ICICI Direct

Net Sales are expected to increase by 10 percent Y-o-Y (down 3.1 percent Q-o-Q) to Rs. 632.7 crore, according to ICICI Direct.

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Others sector. The brokerage house expects Solar Industries to report net profit at Rs. 76.1 crore up 12.3% year-on-year (up 3.3% quarter-on-quarter).


Net Sales are expected to increase by 10 percent Y-o-Y (down 3.1 percent Q-o-Q) to Rs. 632.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13 percent Y-o-Y (up 9.9 percent Q-o-Q) to Rs. 133.5 crore.


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First Published on Apr 16, 2019 11:44 am
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