Net Sales are expected to decrease by 50 percent Y-o-Y (down 47.8 percent Q-o-Q) to Rs. 152.3 crore, according to ICICI Direct.
ICICI Direct has come out with its first quarter (April-July’ 20) earnings estimates for the FMCG sector. The brokerage house expects VST Industries to report net profit at Rs. 24.7 crore down 67.3% year-on-year (down 65% quarter-on-quarter).
Net Sales are expected to decrease by 50 percent Y-o-Y (down 47.8 percent Q-o-Q) to Rs. 152.3 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 72 percent Y-o-Y (down 65.9 percent Q-o-Q) to Rs. 32.3 crore.
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