Indo Count Q1 PAT may dip 3% YoY to Rs 58.5 cr: KR Choksey

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KR Choksey has come out with its first quarter (April-June) earnings estimates for the Midcap sector. The brokerage house expects Indo Count to report net profit at 58.5 crore down 3% year-on-year (up 19.9% quarter-on-quarter).

Net Sales are expected to increase by 10.7 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 567.8 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.4 percent Q-o-Q (down 1.6 percent Y-o-Y) to Rs 108.5 crore.

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