BHEL Q3 PAT seen up 65.9% YoY to Rs. 258.6 cr: ICICI Direct

January 11
15:32 2019

ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Capital Goods sector. The brokerage house expects BHEL to report net profit at Rs. 258.6 crore up 65.9% year-on-year (up 39.7% quarter-on-quarter).

Net Sales are expected to increase by 6.1 percent Y-o-Y (up 3.7 percent Q-o-Q) to Rs. 7,030.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 15 percent Y-o-Y (up 41 percent Q-o-Q) to Rs. 339.6 crore.

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