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Astral Q2 PAT seen up 37.6% YoY to Rs 121 cr: ICICI Direct

Net Sales are expected to increase by 35.8 percent Y-o-Y (up 44.9 percent Q-o-Q) to Rs 1,014.5 crore, according to ICICI Direct.

October 19, 2021 / 12:10 PM 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)

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 second quarter (July-September’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral to report net profit at Rs 121 crore up 37.6% year-on-year (up 61.1% quarter-on-quarter).

Net Sales are expected to increase by 35.8 percent Y-o-Y (up 44.9 percent Q-o-Q) to Rs 1,014.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 32.1 percent Y-o-Y (up 46.6 percent Q-o-Q) to Rs 189.7 crore.

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