Thermax Q2 PAT may dip 1% YoY to Rs. 87 cr: Yes Securities

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects Thermax to report net profit at Rs. 87 crore down 1% year-on-year (up 47.4% quarter-on-quarter).

Net Sales are expected to increase by 19.7 percent Y-o-Y (up 6.3 percent Q-o-Q) to Rs. 1,759 crore, according to Yes Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 83 percent Y-o-Y (up 86 percent Q-o-Q) to Rs. 117.1 crore.

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