Voltas Q4 PAT seen up 15.1% YoY to Rs. 229 cr: HDFC Securities

HDFC Securities has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects Voltas to report net profit at Rs. 229 crore up 15.1% year-on-year (up 130.2% quarter-on-quarter).

Net Sales are expected to increase by 16.8 percent Y-o-Y (up 72.9 percent Q-o-Q) to Rs. 1,375 crore, according to HDFC Securities.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.9 percent Y-o-Y (up 131.7 percent Q-o-Q) to Rs. 275 crore.

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