Net Sales are expected to increase by 13.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 715.3 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 Bata India to report net profit at Rs. 73.2 crore up 40.6% year-on-year (down 29.1% quarter-on-quarter).
Net Sales are expected to increase by 13.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 715.3 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.1 percent Y-o-Y (down 30.1 percent Q-o-Q) to Rs. 114.5 crore.
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