The brokerage house expects Greaves Cotton to report net profit at Rs. 51 crore up 27.5% year-on-year (up 3.3% quarter-on-quarter).
Net Sales are expected to increase by 10 percent Y-o-Y (down 0.6 percent Q-o-Q) to Rs. 492.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.7 percent Y-o-Y (down 3.4 percent Q-o-Q) to Rs. 70.8 crore.