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HomeNewsBusinessEarningsAstral Poly Technik Q1 PAT seen up 205% YoY to Rs. 61.9 cr: ICICI Direct

Astral Poly Technik Q1 PAT seen up 205% YoY to Rs. 61.9 cr: ICICI Direct

Net Sales are expected to increase by 51.7 percent Y-o-Y (down 45.7 percent Q-o-Q) to Rs. 612.7 crore, according to ICICI Direct.

July 13, 2021 / 12:22 IST
Astral Poly Technik Ltd. | In FY21 so far, the stock has gained 127 percent to Rs 2097 on February 24 from 924 on March 31, 2021. MC Technical rating as on February 25 shows that on Daily: Very Bullish, Weekly: Very Bullish and, Monthly: Bullish. (for more detail click here)
     
     
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    ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral Poly Technik to report net profit at Rs. 61.9 crore up 205% year-on-year (down 64.8% quarter-on-quarter).

    Net Sales are expected to increase by 51.7 percent Y-o-Y (down 45.7 percent Q-o-Q) to Rs. 612.7 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 108.8 percent Y-o-Y (down 55.5 percent Q-o-Q) to Rs. 113.4 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.

    Broker Research
    first published: Jul 12, 2021 08:45 pm

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