YES Securities has come out with its fourth quarter (January-March’ 21) earnings estimates for the Capital Goods & Defense sector. The brokerage house expects Honeywell Auto to report net profit at Rs 155 crore up 39.4% year-on-year (up 3.4% quarter-on-quarter).
Net Sales are expected to increase by 25.7 percent Y-o-Y (up 1.3 percent Q-o-Q) to Rs 885.1 crore, according to YES Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 324.7 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs 190.3 crore.
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