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Last Updated : Jul 23, 2018 07:19 PM IST | Source: Moneycontrol.com

Timken India Q1 PAT seen up 14.8% YoY to Rs. 25.2 cr: ICICI

Net Sales are expected to increase by 13.6 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 340.7 crore, according to ICICI.

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ICICI has come out with its first quarter (April-June’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects Timken India to report net profit at Rs. 25.2 crore up 14.8% year-on-year (up 6.2% quarter-on-quarter).


Net Sales are expected to increase by 13.6 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 340.7 crore, according to ICICI.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.7 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 48.6 crore.


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First Published on Jul 23, 2018 07:19 pm
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