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    HomeNewsBusinessStocksAIA Engineering Q1 PAT may dip 13.7% YoY to Rs. 111.8 cr: ICICI Direct

    AIA Engineering Q1 PAT may dip 13.7% YoY to Rs. 111.8 cr: ICICI Direct

    Net Sales are expected to increase by 12.4 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 652.5 crore, according to ICICI Direct.

    Broker Research
    July 13, 2021 / 13:26 IST
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    ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Capital Goods and Power sector. The brokerage house expects AIA Engineering to report net profit at Rs. 111.8 crore down 13.7% year-on-year (down 16.4% quarter-on-quarter).

    Net Sales are expected to increase by 12.4 percent Y-o-Y (down 24.1 percent Q-o-Q) to Rs. 652.5 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.7 percent Y-o-Y (down 22.9 percent Q-o-Q) to Rs. 130.5 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 13, 2021 01:26 pm

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