Net Sales are expected to increase by 7.6 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 636.6 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Retail sector. The brokerage house expects Bata India to report net profit at Rs. 49.6 crore up 38% year-on-year (down 27.3% quarter-on-quarter).
Net Sales are expected to increase by 7.6 percent Y-o-Y (down 5.5 percent Q-o-Q) to Rs. 636.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 47.3 percent Y-o-Y (down 25.2 percent Q-o-Q) to Rs. 83.4 crore.
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