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Spicejet Q4 PAT may dip 60.2% to Rs 72.1 cr: ICICI Securities

Spicejet Q4 PAT may dip 60.2% to Rs 72.1 cr: ICICI Securities

Saturday, April 15, 2017, 5:14 PM

ICICI Securities has come out with its fourth quarter (January - March) earnings estimates for the Aviation sector. The brokerage house expects Spicejet to report net profit at 72.1 crores down 60.2% quarter-on-quarter. Net Sales are expected to increase by 2.2 percent Q-o-Q (up 13.8 percent Y-o-Y) to Rs 1677.8 crore, according to ICICI Securities.
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