Moneycontrol
Jul 20, 2017 07:19 PM IST | Source: Moneycontrol.com

Page Industries Q1 PAT seen up 12.7% YoY to Rs 76.6 cr: ICICI

Net Sales are expected to increase by 29.4 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs 645.4 crore, according to ICICI. Page Industries to report net profit at 76.6 crore up up 12.7% year-on-year.

 
 
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ICICI has come out with its first quarter (April-June) earnings estimates for the Apparel sector. The brokerage house expects Page Industries to report net profit at 76.6 crore up 12.7% year-on-year (14.7% quarter-on-quarter).

Net Sales are expected to increase by 29.4 percent Q-o-Q (up 12.7 percent Y-o-Y) to Rs 645.4 crore, according to ICICI.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28 percent Q-o-Q (up 14.1 percent Y-o-Y) to Rs 124.7 crore.

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