VA Tech Q1 PAT may dip 88.6% to Rs 8.6 cr: KR Choksey

Jul 18, 2017 06:26 PM IST | Source: Moneycontrol.com

Net Sales are expected to decrease by 42.9 percent Q-o-Q (up 11.4 percent Y-o-Y) to Rs 646.5 crore, according to KR Choksey. VA Tech to report net profit at 8.6 crore down 88.6% quarter-on-quarter.

VA Tech Q1 PAT may dip 88.6% to Rs 8.6 cr: KR Choksey

KR Choksey has come out with its first quarter (April-June) earnings estimates for the Midcap sector. The brokerage house expects VA Tech to report net profit at 8.6 crore down 88.6% quarter-on-quarter.

Net Sales are expected to decrease by 42.9 percent Q-o-Q (up 11.4 percent Y-o-Y) to Rs 646.5 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 70.9 percent Q-o-Q (up 39.4 percent Y-o-Y) to Rs 38.3 crore.

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