Triveni Turbine Q3 PAT seen up 29.7% YoY to Rs 46.3 cr: Nirmal Bang

Nirmal Bang has come out with its third quarter (October-December’ 23) earnings estimates for the CAPITAL GOODS sector. The brokerage house expects Triveni Turbine to report net profit at Rs 46.3 crore up 29.7% year-on-year (up 0.1% quarter-on-quarter).

Net Sales are expected to increase by 30 percent Y-o-Y (down 0.1 percent Q-o-Q) to Rs 292.7 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 27.3 percent Y-o-Y (up 3.1 percent Q-o-Q) to Rs 57.4 crore.

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