Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Durables sector. The brokerage house expects Crompton Greaves Consumer Electricals to report net profit at Rs. 142.7 crore up 43% year-on-year (down 3.2% quarter-on-quarter).
Net Sales are expected to increase by 35.8 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,382.2 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36.3 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 188.7 crore.
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