Net Sales are expected to increase by 6.3 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 2,034.9 crore, according to Kotak.
Kotak has come out with its first quarter (April-June’ 19) earnings estimates for the Retailing sector. The brokerage house expects Aditya Birla Fashion & Retail to report net profit at Rs. 18.3 crore up 227.5% year-on-year (down 91% quarter-on-quarter).
Net Sales are expected to increase by 6.3 percent Y-o-Y (up 6.2 percent Q-o-Q) to Rs. 2,034.9 crore, according to Kotak.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 1.7 percent Y-o-Y (down 10.1 percent Q-o-Q) to Rs. 111.9 crore.
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