YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Kalpataru Power to report net profit at Rs 160.2 crore up 49.7% year-on-year (up 55.5% quarter-on-quarter).
Net Sales are expected to increase by 18.5 percent Y-o-Y (up 36.9 percent Q-o-Q) to Rs 2,728.1 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 42.5 percent Y-o-Y (up 17.4 percent Q-o-Q) to Rs 288.1 crore.
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