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HomeNewsBusinessStocksArvind Q2 PAT seen up 20.8% YoY to Rs 87.1 cr: Edelweiss

Arvind Q2 PAT seen up 20.8% YoY to Rs 87.1 cr: Edelweiss

Net Sales are expected to increase by 7.3 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 2502.4 crore, according to Edelweiss.

October 13, 2017 / 16:25 IST
Arvind Fashions' interest cost for FY20 was Rs 289 crore, while the operating profit for the same fiscal was Rs 231 crore.
     
     
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    Edelweiss has come out with its second quarter (July-September) earnings estimates for the Textiles sector. The brokerage house expects Arvind to report net profit at Rs. 87.1 crore up 20.8% year-on-year (down 39.9% quarter-on-quarter).

    Net Sales are expected to increase by 7.3 percent Y-o-Y (up 1.1 percent Q-o-Q) to Rs. 2502.4 crore, according to Edelweiss.

    Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 12.1 percent Y-o-Y (up 22.7 percent Q-o-Q) to Rs. 254 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.

    first published: Oct 13, 2017 04:25 pm

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