ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Retail sector. The brokerage house expects Aditya Birla Fashion & Retail to report net profit at Rs. 53.8 crore down 52.4% year-on-year (down 23.4% quarter-on-quarter).
Net Sales are expected to increase by 15.8 percent Y-o-Y (down 11 percent Q-o-Q) to Rs. 2,029.9 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.7 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs. 164.4 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
ICICI Direct - All Sectors Q4 Estimates
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
