Spice Jet Q2 PAT seen up 135.5% YoY to Rs. 138.8 cr: Edelweiss

Edelweiss has come out with its second quarter (July-September) earnings estimates for the Leisure and Travel sector. The brokerage house expects Spice Jet to report net profit at Rs. 138.8 crore up 135.5% year-on-year (down 20.8% quarter-on-quarter).

Net Sales are expected to increase by 35.1 percent Y-o-Y (up 1.2 percent Q-o-Q) to Rs. 1891.6 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to rise by 43.4 percent Y-o-Y (down 0.7 percent Q-o-Q) to Rs. 455.9 crore.

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