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BEL Q2 PAT may dip 5.9% YoY to Rs. 538 cr: Sharekhan

Net Sales are expected to increase by 1.9 percent Y-o-Y (up 64 percent Q-o-Q) to Rs. 344.7 crore, according to Sharekhan.

October 16, 2019 / 01:56 PM IST
Officials carry out the final security check on DMRC's Noida City Center - Noida Sector 63 (Electronic City) corridor, ahead of its inauguration, in Noida, Uttar Pradesh. (Image: PTI)

Officials carry out the final security check on DMRC's Noida City Center - Noida Sector 63 (Electronic City) corridor, ahead of its inauguration, in Noida, Uttar Pradesh. (Image: PTI)

 
 
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Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Engineering sector. The brokerage house expects BEL to report net profit at Rs. 538 crore down 5.9% year-on-year (up 162.7% quarter-on-quarter).

Net Sales are expected to increase by 1.9 percent Y-o-Y (up 64 percent Q-o-Q) to Rs. 344.7 crore, according to Sharekhan.

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