YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Bharat Dynamics to report net profit at Rs 396.5 crore up 28% year-on-year (up 706% quarter-on-quarter).
Net Sales are expected to increase by 17.6 percent Y-o-Y (up 267.6 percent Q-o-Q) to Rs 1,688.3 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 505.4 percent Y-o-Y (up 2,460.2 percent Q-o-Q) to Rs 561.4 crore.
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