HomeNewsBusinessKEC International Q2 PAT may dip 63.8% YoY to Rs. 44.8 cr: Yes Securities

KEC International Q2 PAT may dip 63.8% YoY to Rs. 44.8 cr: Yes Securities

Net Sales are expected to decrease by 12.7 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 3,130.3 crore, according to Yes Securities.

October 14, 2022 / 10:45 IST
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KEC-International
KEC-International

Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects KEC International to report net profit at Rs. 44.8 crore down 63.8% year-on-year (up 44.6% quarter-on-quarter).

Net Sales are expected to decrease by 12.7 percent Y-o-Y (down 5.7 percent Q-o-Q) to Rs. 3,130.3 crore, according to Yes Securities.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 109 percent Y-o-Y (up 88 percent Q-o-Q) to Rs. 186.6 crore.

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