Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Infrastructure sector. The brokerage house expects Va Tech Wabag to report net profit at Rs. 25.9 crore down 1.2% year-on-year (down 14.1% quarter-on-quarter).
Net Sales are expected to increase by 17.4 percent Y-o-Y (up 27.1 percent Q-o-Q) to Rs. 802.7 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 102 percent Y-o-Y (up 364 percent Q-o-Q) to Rs. 58.2 crore.
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