HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects Symphony to report net profit at Rs. 68 crore up 46% year-on-year (up 2.8% quarter-on-quarter).
Net Sales are expected to increase by 18.3 percent Y-o-Y to Rs. 218 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 75.6 percent Y-o-Y (up 0.2 percent Q-o-Q) to Rs. 87 crore.
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HDFC Securities Q4 Preview - Consumer
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