Yes Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Staples sector. The brokerage house expects Dixon Tech to report net profit at Rs. 40 crore up 52.1% year-on-year (down 23.7% quarter-on-quarter).
Net Sales are expected to increase by 37.3 percent Y-o-Y (down 16.8 percent Q-o-Q) to Rs. 1,364.1 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 16.2 percent Y-o-Y (down 11.1 percent Q-o-Q) to Rs. 72.9 crore.
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