La Opala Q2 PAT seen up 63.1% to Rs 17.8 cr: Centrum
Net Sales are expected to increase by 39.1 percent Q-o-Q (up 13 percent Y-o-Y) to Rs 71.1 crore, according to Centrum.
Centrum's report on La Opala
We expect sales to grow by 13%, led by volume growth of 23-25%. The company has taken price cuts which would impact revenue growth.
Operating profit will expand by 24% to Rs 275mn. Operating margins are likely to expand 340bps on the back of lower to flat overhead cost. Adjusted PAT is expected to grow by 18% to Rs 178mn.
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