Thermax Q1 PAT seen up 59.3% YoY to Rs 148.4 cr: Motilal Oswal

Motilal Oswal has come out with its first quarter (April - June’ 25) earnings estimates for the Capital Goods sector. The brokerage house expects Thermax to report net profit at Rs 148.4 crore up 59.3% year-on-year (down 20.9% quarter-on-quarter).

Net Sales are expected to increase by 13.9 percent Y-o-Y (down 20.4 percent Q-o-Q) to Rs 2,201 crore, according to Motilal Oswal.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 60.8 percent Y-o-Y (down 22.2 percent Q-o-Q) to Rs 212.5 crore.

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