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    HomeNewsBusinessEarningsWelspun India Q1 PAT may dip 37.2% YoY to Rs 126.8 cr: Edelweiss

    Welspun India Q1 PAT may dip 37.2% YoY to Rs 126.8 cr: Edelweiss

    Net Sales are expected to decrease by 6.4 percent Q-o-Q (up 3.3 percent Y-o-Y) to Rs 1645.4 crore, according to Edelweiss. Welspun India to report net profit at 126.8 crore down 37.2% year-on-year.

    July 20, 2017 / 18:58 IST
    Textile and clothing

    Textile and clothing

     
     
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    Edelweiss has come out with its first quarter (April-June) earnings estimates for the Textiles sector. The brokerage house expects Welspun India to report net profit at 126.8 crore down 37.2% year-on-year (17.3% quarter-on-quarter).

    Net Sales are expected to decrease by 6.4 percent Q-o-Q (up 3.3 percent Y-o-Y) to Rs 1645.4 crore, according to Edelweiss.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8.4 percent Q-o-Q (down 17 percent Y-o-Y) to Rs 350.8 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: Jul 12, 2017 06:04 pm

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