ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Power sector. The brokerage house expects PTC India to report net profit at Rs. 63 crore down 20% year-on-year (up 6.9% quarter-on-quarter).
Net Sales are expected to increase by 29.4 percent Y-o-Y (down 7.4 percent Q-o-Q) to Rs. 4,087.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 19.7 percent Y-o-Y (down 15.7 percent Q-o-Q) to Rs. 72.5 crore.moneycontrol