KRChoksey has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Goods sector. The brokerage house expects Blue Star to report net profit at Rs 20.8 crore up 36% year-on-year (up 64% quarter-on-quarter).
Net Sales are expected to increase by 15.5 percent Y-o-Y (down 1 percent Q-o-Q) to Rs 1,041.9 crore, according to KRChoksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 5.4 percent Y-o-Y (down 48.8 percent Q-o-Q) to Rs 52.1 crore.
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