Prabhudas Lilladher has come out with its second quarter (July - September’ 26) earnings estimates for the Consumer sector. The brokerage house expects Avenue Supermarts to report net profit at Rs 710.4 crore up 7.7% year-on-year (down 8.1% quarter-on-quarter).
Net Sales are expected to increase by 15.6 percent Y-o-Y (up 2.1 percent Q-o-Q) to Rs 16,697.8 crore, according to Prabhudas Lilladher.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13 percent Y-o-Y (down 4.9 percent Q-o-Q) to Rs 1,235.6 crore.
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