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    HomeNewsBusinessStocksJet Airways Q2 PAT seen up 12.8% YoY to Rs. 183.4 cr: Edelweiss

    Jet Airways Q2 PAT seen up 12.8% YoY to Rs. 183.4 cr: Edelweiss

    Net Sales are expected to increase by 8.2 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 5865.5 crore, according to Edelweiss.

    October 13, 2017 / 16:00 IST
    A Jet Airways passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad

    A Jet Airways passenger plane takes off from Sardar Vallabhbhai Patel International Airport in Ahmedabad

     
     
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    Edelweiss has come out with its second quarter (July-September) earnings estimates for the Leisure and Travel sector. The brokerage house expects Jet Airways to report net profit at Rs. 183.4 crore up 12.8% year-on-year (66.7% quarter-on-quarter).

    Net Sales are expected to increase by 8.2 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 5865.5 crore, according to Edelweiss.

    Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 2 percent Y-o-Y (up 23.7 percent Q-o-Q) to Rs. 885.3 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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    first published: Oct 13, 2017 04:00 pm

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