IFB Industries Q2 PAT seen up 16% to Rs 17.3 cr: Centrum
Net Sales are expected to increase by 7.9 percent Q-o-Q (up 22.5 percent Y-o-Y) to Rs 450.7 crore, according to Centrum.
Centrum's report on IFB Industries
We expect operating profit to increase by 38% to Rs300mn and margins to expand 76bps YoY to 6.6% on higher topline growth.
Adjusted PAT is also expected to increase by robust 86% at Rs173mn on the back of healthy increase in operating profits.
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