ABB India will present its September quarter results on November 4. These are the company's third quarter results. The company considers the financial year from January to December. According to the average of a survey by Moneycontrol, the company's income in the September quarter can be Rs 3243 crore with a growth of 17 percent compared to last year. At the same time, the profit can be Rs 483.3 crore with a growth of 10 percent on a year-on-year basis. At the same time, EBITDA margin can increase from 15.8 percent to 18.2 percent compared to last year.
What are the estimates of brokerage houses?
The average of 5 brokerage houses for income is Rs 3243 crores. Which is 17% more than last year. 3 out of 5 brokerage houses have given estimates of income higher than this average. Nuvama's estimate is Rs 3076.3 crores, while Motilal Oswal's estimate is Rs 3429 crores, Nomura's estimate is Rs 3273 crores, Elara's estimate is Rs 3194 crores and PL Capital's estimate is Rs 3300.6 crores. The average of estimates for profit is Rs 483.3 crores, which is 10% more than last year. Nuvama has given a profit of Rs 425 crores, Motilal Oswal's Rs 539.1 crores, Nomura's Rs 493.6 crores, Elara's Rs 475 crores and PL Capital's Rs 524 crores. The average of estimates for EBITDA margin is 18.5 percent, up from 15.8 percent last year. Nuwama has forecast a margin of 17 percent, Motilal Oswal 19.2 percent, Nomura 18.2 percent, Elara 18.2 percent and PL Cabital 19.8 percent.
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