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Last Updated : Oct 10, 2019 02:46 PM IST | Source: Moneycontrol.com

Timken India Q2 PAT seen up 13.8% YoY to Rs. 39.3 cr: ICICI Direct

Net Sales are expected to decrease by 3.1 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 400.8 crore, according to ICICI Direct.

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 ICICI Direct has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Power sector. The brokerage house expects Timken India to report net profit at Rs. 39.3 crore up 13.8% year-on-year (down 22.1% quarter-on-quarter).


Net Sales are expected to decrease by 3.1 percent Y-o-Y (down 8.4 percent Q-o-Q) to Rs. 400.8 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.4 percent Y-o-Y (down 29.2 percent Q-o-Q) to Rs. 67.3 crore.


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First Published on Oct 10, 2019 02:46 pm
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