Thermax Q4 PAT seen up 14.7% YoY to Rs. 133.3 cr: Edelweiss

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects Thermax to report net profit at Rs. 133.3 crore up 14.7% year-on-year (up 110.8% quarter-on-quarter).

Net Sales are expected to increase by 18 percent Y-o-Y (up 61.6 percent Q-o-Q) to Rs. 1,584.6 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 21.3 percent Y-o-Y (up 99.5 percent Q-o-Q) to Rs. 184.4 crore.

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