Sharekhan has come out with its second quarter (July-September’ 19) earnings estimates for the Capital Goods & Engineering sector. The brokerage house expects V-Guard to report net profit at Rs. 46 crore up 19.6% year-on-year (down 13% quarter-on-quarter).
Net Sales are expected to increase by 8.2 percent Y-o-Y (down 7.5 percent Q-o-Q) to Rs. 647 crore, according to Sharekhan.
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