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Last Updated : Jan 17, 2017 05:44 PM IST | Source: Moneycontrol.com

Spicejet Q3 PAT seen up 242% to Rs 190 cr: HDFC Securities

Net Sales are expected to increase by 20.3 percent Q-o-Q (up 15.4 percent Y-o-Y) to Rs 1680 crore, according to HDFC Securities.

 
 
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HDFC Securities has come out with its third quarter (October-December) earnings estimates for the Aviation sector. The brokerage house expects Spicejet to report net profit at Rs. 190 crore up 242% quarter-on-quarter.


Net Sales are expected to increase by 20.3 percent Q-o-Q (up 15.4 percent Y-o-Y) to Rs 1680 crore, according to HDFC Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.9 percent Q-o-Q (up 47 percent Y-o-Y) to Rs 470 crore.

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    First Published on Jan 17, 2017 05:44 pm
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