Yes Securities has come out with its second quarter (July-September’ 22) earnings estimates for the Capital Goods sector. The brokerage house expects ABB to report net profit at Rs. 137.5 crore up 14.6% year-on-year (down 6.5% quarter-on-quarter).
Net Sales are expected to increase by 23.6 percent Y-o-Y (up 7.1 percent Q-o-Q) to Rs. 2,198 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 109 percent Y-o-Y (down 128 percent Q-o-Q) to Rs. 184.8 crore.
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