Astral Q4 PAT may dip 12.8% YoY to Rs. 153.6 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral to report net profit at Rs. 153.6 crore down 12.8% year-on-year (up 20.1% quarter-on-quarter).

Net Sales are expected to increase by 12.9 percent Y-o-Y (up 15.9 percent Q-o-Q) to Rs. 1,273.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 7.8 percent Y-o-Y (up 18.7 percent Q-o-Q) to Rs. 234.6 crore.

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