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Last Updated : Jul 16, 2019 03:00 PM IST | Source: Moneycontrol.com

Voltas Q1 PAT seen up 3.3% YoY to Rs. 193.3 cr: Reliance Securities

Net Sales are expected to increase by 16.7 percent Y-o-Y (up 21.5 percent Q-o-Q) to Rs. 2,506.4 crore, according to Reliance Securities.

 
 
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Reliance Securities has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Voltas to report net profit at Rs. 193.3 crore up 3.3% year-on-year (up 36.4% quarter-on-quarter).


Net Sales are expected to increase by 16.7 percent Y-o-Y (up 21.5 percent Q-o-Q) to Rs. 2,506.4 crore, according to Reliance Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1.7 percent Y-o-Y (up 71.4 percent Q-o-Q) to Rs. 247.3 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.



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First Published on Jul 16, 2019 03:00 pm
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