Oct 18, 2016, 11.54 AM | Source: Moneycontrol.com
Net Sales are expected to increase by 7.1 percent Q-o-Q (up 5.8 percent Y-o-Y) to Rs 270.2 crore, according to Centrum.
Centrum Broking (more)
, Centrum Broking |
Centrum's report on Mirza International
We expect sales to increase by 6% led by domestic business which continue to grow at a healthy pace, while exports remains sluggish.
Operating profit is expected to grow by 12% to Rs457mn and operating margin would expand 93bps YoY to 16.9%. Adjusted PAT should grow by 30% to Rs209mn, predominantly on consolidation of Genesis.
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