Voltas Q1 PAT seen up 31.2% YoY to Rs. 1,428 cr: Nirmal Bang

Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Consumer Durables sector. The brokerage house expects Voltas to report net profit at Rs. 1,428 crore up 31.2% year-on-year (down 0.8% quarter-on-quarter).

Net Sales are expected to increase by 8.3 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs. 2,996.9 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 27.5 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs. 225.6 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.