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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.

Jan 17, 2017 / 05:44 PM IST
 
 
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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.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
first published: Jan 17, 2017 05:44 pm

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