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

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