Net Sales are expected to increase by 17.3 percent Y-o-Y (down 17.9 percent Q-o-Q) to Rs. 4,818 crore, according to ICICI Direct.
ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Retail sector. The brokerage house expects Titan Company to report net profit at Rs. 364.6 crore up 19% year-on-year (down 11.3% quarter-on-quarter).
Net Sales are expected to increase by 17.3 percent Y-o-Y (down 17.9 percent Q-o-Q) to Rs. 4,818 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.2 percent Y-o-Y (down 10 percent Q-o-Q) to Rs. 532.3 crore.
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