Net Sales are expected to increase by 24.3 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 2,778.3 crore, according to Prabhudas Lilladher.
Prabhudas Lilladher has come out with its first quarter (April-June’ 19) earnings estimates for the Aviation sector. The brokerage house expects SpiceJet to report net profit at Rs. 139.7 crore up 449.8% year-on-year (up 148.2% quarter-on-quarter).
Net Sales are expected to increase by 24.3 percent Y-o-Y (up 9.8 percent Q-o-Q) to Rs. 2,778.3 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.6 percent Y-o-Y (up 8.5 percent Q-o-Q) to Rs. 554.5 crore.
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