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Last Updated : Apr 15, 2019 03:17 PM IST | Source: Moneycontrol.com

Taj GVK Hotels Q4 PAT seen up 18.6% YoY to Rs. 11.3 cr: ICICI Direct

Net Sales are expected to increase by 7.5 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 91.7 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 Hotels sector. The brokerage house expects Taj GVK Hotels to report net profit at Rs. 11.3 crore up 18.6% year-on-year (up 19.6% quarter-on-quarter).


Net Sales are expected to increase by 7.5 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 91.7 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.5 percent Y-o-Y (up 4.3 percent Q-o-Q) to Rs. 24.3 crore.


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First Published on Apr 15, 2019 03:17 pm
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