Amber Enterprises Q1 PAT may dip 27.3% YoY to Rs. 30.6 cr: Nirmal Bang

Nirmal Bang has come out with its first quarter (April-June’ 24) earnings estimates for the Consumer Durables sector. The brokerage house expects Amber Enterprises to report net profit at Rs. 30.6 crore down 27.3% year-on-year (down 70.6% quarter-on-quarter).

Net Sales are expected to increase by 15 percent Y-o-Y (down 30.1 percent Q-o-Q) to Rs. 2,099.1 crore, according to Nirmal Bang.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 14.2 percent Y-o-Y (down 44.3 percent Q-o-Q) to Rs. 113.3 crore.

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