Net Sales are expected to increase by 15.8 percent Y-o-Y (down 11 percent Q-o-Q) to Rs. 2,029.9 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 Aditya Birla Fashion & Retail to report net profit at Rs. 53.8 crore down 52.4% year-on-year (down 23.4% quarter-on-quarter).
Net Sales are expected to increase by 15.8 percent Y-o-Y (down 11 percent Q-o-Q) to Rs. 2,029.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.7 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs. 164.4 crore.
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