VGuard Q3 PAT may dip 36.8% to Rs 20 cr: HDFC Securities

Net Sales are expected to decrease by 11.7 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 440 crore, according to HDFC Securities.

January 17, 2017 / 17:34 IST

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HDFC Securities has come out with its third quarter (October-December) earnings estimates for the Consumer Durable sector. The brokerage house expects VGuard to report net profit at Rs. 20 crore down 36.8% quarter-on-quarter.

Net Sales are expected to decrease by 11.7 percent Q-o-Q (up 5 percent Y-o-Y) to Rs 440 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 30.4 percent Q-o-Q (up 7.2 percent Y-o-Y) to Rs 40 crore.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

first published: Jan 17, 2017 05:34 pm

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