Apr 17, 2018 03:48 PM IST | Source: Moneycontrol.com

Engineers India Q4 PAT seen up 62.2% YoY to Rs. 107 cr: Edelweiss

Net Sales are expected to increase by 12.8 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 499.7 crore, according to Edelweiss.

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Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Engineering & Capital Goods sector. The brokerage house expects Engineers India to report net profit at Rs. 107 crore up 62.2% year-on-year (down 1.3% quarter-on-quarter).


Net Sales are expected to increase by 12.8 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 499.7 crore, according to Edelweiss.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 117.1 percent Y-o-Y (down 12.6 percent Q-o-Q) to Rs. 117.8 crore.


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