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.
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