Net Sales are expected to decrease by 11.3 percent Y-o-Y (down 20.9 percent Q-o-Q) to Rs. 808.4 crore, according to Kotak.
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Capital Goods sector. The brokerage house expects Sadbhav Engineering to report net profit at Rs. 44 crore down 30.6% year-on-year (up 56.5% quarter-on-quarter).
Net Sales are expected to decrease by 11.3 percent Y-o-Y (down 20.9 percent Q-o-Q) to Rs. 808.4 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 8 percent Y-o-Y (down 22.3 percent Q-o-Q) to Rs. 98.4 crore.
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