Mahindra Holidays Q2 PAT seen up 18.5% YoY to Rs. 38.9 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Leisure and Travel sector. The brokerage house expects Mahindra Holidays to report net profit at Rs. 38.9 crore up 18.5% year-on-year (20.4% quarter-on-quarter).

Net Sales are expected to increase by 11.7 percent Y-o-Y (up 6.7 percent Q-o-Q) to Rs. 288.4 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 9.4 percent Y-o-Y (up 16.6 percent Q-o-Q) to Rs. 66.9 crore.

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