Net Sales are expected to increase by 13.1 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 718.2 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects V-Guard industries to report net profit at Rs. 43.6 crore up 26.7% year-on-year (down 26.4% quarter-on-quarter).
Net Sales are expected to increase by 13.1 percent Y-o-Y (down 2.9 percent Q-o-Q) to Rs. 718.2 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29.6 percent Y-o-Y (down 22.9 percent Q-o-Q) to Rs. 60.2 crore.
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