Net Sales are expected to increase by 10.1 percent Y-o-Y (up 29.3 percent Q-o-Q) to Rs. 878.1 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Retail sector. The brokerage house expects Bata India to report net profit at Rs. 99.1 crore up 20% year-on-year (up 12.2% quarter-on-quarter).
Net Sales are expected to increase by 10.1 percent Y-o-Y (up 29.3 percent Q-o-Q) to Rs. 878.1 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.9 percent Y-o-Y (up 64.4 percent Q-o-Q) to Rs. 155.4 crore.
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