Adani Port and SEZ Q2 PAT may dip 7.7% YoY to Rs. 946.8 cr: Kotak

Kotak has come out with its second quarter (July-September) earnings estimates for the Infrastructure sector. The brokerage house expects Adani Port and SEZ to report net profit at Rs. 946.8 crore down 7.7% year-on-year (up 23.5% quarter-on-quarter).

Net Sales are expected to increase by 32.5 percent Y-o-Y (up 5.4 percent Q-o-Q) to Rs. 2892.5 crore, according to Kotak.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 18 percent Y-o-Y (up 10.1 percent Q-o-Q) to Rs. 1724.3 crore.

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