Voltas Q3 PAT may dip 12.1% YoY to Rs. 88.3 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Voltas to report net profit at Rs. 88.3 crore down 12.1% year-on-year (down 17.5% quarter-on-quarter).

Net Sales are expected to increase by 11.1 percent Y-o-Y (up 7.4 percent Q-o-Q) to Rs. 1,527.1 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 0.7 percent Y-o-Y (up 8.6 percent Q-o-Q) to Rs. 117.8 crore.

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