February 28, 2024

Prabhudas Lilladher has come out with its third quarter (October – December’ 24) earnings estimates for the CAPITAL GOODS sector. The brokerage house expects Bharat Electronics to report net profit at Rs 709.5 crore up 18.5% year-on-year (down 12.7% quarter-on-quarter).

Net Sales are expected to increase by 17 percent Y-o-Y (up 21 percent Q-o-Q) to Rs 4,833.3 crore, according to Prabhudas Lilladher.

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Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 12.1 percent Y-o-Y (down 4.7 percent Q-o-Q) to Rs 957 crore.

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