Prabhudas Lilladher has come out with its fourth quarter (January-March’ 23) earnings estimates for the Travel & Tourism sector. The brokerage house expects Interglobe Aviation to report net profit at Rs. 324.1 crore (down 77.2% quarter-on-quarter).
Net Sales are expected to increase by 67.9 percent Y-o-Y (down 9.8 percent Q-o-Q) to Rs. 1,346.8 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2,091.6 percent Y-o-Y (down 29.2 percent Q-o-Q) to Rs. 2,257.4 crore.
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