1, March, 2024
HomeBusinessCrompton Greaves Consumer Electricals Anticipates 20.6% YoY Growth in Q3 PAT

Crompton Greaves Consumer Electricals Anticipates 20.6% YoY Growth in Q3 PAT

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Prabhudas Lilladher, in its earnings estimates for the Consumer Durables sector for the third quarter (October – December 2024), foresees Crompton Greaves Consumer Electricals reporting a net profit of Rs 102.8 crore, reflecting a robust 20.6% year-on-year growth (5.8% quarter-on-quarter).

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According to the brokerage house, Net Sales are expected to witness a 14.2% year-on-year increase (with a marginal 2.9% quarter-on-quarter dip) to reach Rs 1,731 crore.

Furthermore, the projections suggest that Earnings before interest, tax, depreciation, and amortization (EBITDA) are likely to experience a 7.9% year-on-year rise, albeit with a 5.8% quarter-on-quarter decrease, amounting to Rs 164.4 crore.

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As with any financial forecast, it’s essential to note that the opinions and investment tips provided by experts on chennaiprint.in are their own. Users are strongly encouraged to seek advice from certified experts before making any investment decisions.

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