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ZEEL Q2: Among brokerages, ICICI Securities sees ZEEL’s consolidated revenue to rise 8.6 per cent YoY to Rs 2,203 crore. It sees Ebitda falling 14.8 per cent YoY to Rs 250 crore.
​Operating revenue rose 20% year-on-year (YoY) to Rs 2,437 crore in the second quarter under review. The company has clocked 6% growth in its consolidated EBITDA to Rs 333 crore in the July-September period. EBITDA margins came in at 13.6% in the same period, down from 15.6% a year ago. ....