Prabhudas Lilladher has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Durables sector. The brokerage house expects Polycab India to report net profit at Rs. 256.5 crore up 19.9% year-on-year (down 2.3% quarter-on-quarter).
Net Sales are expected to increase by 40.5 percent Y-o-Y (up 6.9 percent Q-o-Q) to Rs. 2,990.9 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 29.8 percent Y-o-Y (up 3.8 percent Q-o-Q) to Rs. 390.2 crore.
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