ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Capital Goods and Power sector. The brokerage house expects NTPC to report net profit at Rs. 3862.7 crore up 56.4% year-on-year (down 13.8% quarter-on-quarter).
Net Sales are expected to increase by 15.7 percent Y-o-Y (up 2.2 percent Q-o-Q) to Rs. 27,140.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.1 percent Y-o-Y (up 26.3 percent Q-o-Q) to Rs. 8,218.4 crore.
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