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    HomeNewsBusinessRamkrishna Forgings Q1 PAT to Rs 17 cr: Sharekhan

    Ramkrishna Forgings Q1 PAT to Rs 17 cr: Sharekhan

    Net Sales are expected to increase by 235.3 percent Y-o-Y (down 25 percent Q-o-Q) to Rs 388 crore, according to Sharekhan.

    Broker Research
    July 15, 2021 / 19:59 IST
     
     
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    Sharekhan has come out with its first quarter (April-June’ 21) earnings estimates for the Automobiles sector. The brokerage house expects Ramkrishna Forgings to report net profit at Rs 17 crore (down 52.4% quarter-on-quarter).

    Net Sales are expected to increase by 235.3 percent Y-o-Y (down 25 percent Q-o-Q) to Rs 388 crore, according to Sharekhan.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 1,879 percent Y-o-Y (down 329 percent Q-o-Q) to Rs 17.5 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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    Broker Research
    first published: Jul 15, 2021 07:59 pm

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