Net Sales are expected to increase by 12.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 630 crore, according to HDFC Securities.
HDFC Securities has come out with its second quarter (July-September’ 18) earnings estimates for the Consumer Durable sector. The brokerage house expects V-Guard to report net profit at Rs. 50 crore up 10.8% year-on-year (up 49.8% quarter-on-quarter).
Net Sales are expected to increase by 12.2 percent Y-o-Y (down 1 percent Q-o-Q) to Rs. 630 crore, according to HDFC Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9 percent Y-o-Y (up 57.2 percent Q-o-Q) to Rs. 70 crore.
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