Anisha on what to expect from Voltas’ Q4 numbers
By : CNBC-TV18
Published On: 2019-05-09
4 Views
01:43
Voltas’ peer Blue Star surprised us positively and that stock has been on an uptrend after its results but Voltas yes, has been choppy ahead of the numbers and the expectation is of a steady quarter because on the topline growth of 10 percent is expected, the EBITDA is expected to come down because the margins might deplete and the unitary cooling product segment because of the pricing pressure that we have been seeing as well as high inventory costs that the companies are facing and consequently the profit is also seen down about 10 percent at Rs 175 crore.
Watch More videos From CNBC-TV18 Channel
Trending Videos - 23 May, 2024
RELATED VIDEOS
