Himatsingka Seide Q2 PAT seen up 25% YoY to Rs. 57.6 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Textiles sector. The brokerage house expects Himatsingka Seide to report net profit at Rs. 57.6 crore up 25% year-on-year (13.8% quarter-on-quarter).

Net Sales are expected to increase by 9 percent Y-o-Y (up 7.2 percent Q-o-Q) to Rs. 573.5 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 27.9 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 115.8 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.