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Avenue Supermarts Q3 PAT seen up 7.9% YoY to Rs. 394.3 cr: KR Choksey

Net Sales are expected to increase by 20 percent Y-o-Y (up 55.3 percent Q-o-Q) to Rs. 6,751.9 crore, according to KR Choksey.

January 15, 2021 / 08:52 PM IST
 
 
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KR Choksey has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Goods sector. The brokerage house expects Avenue Supermarts to report net profit at Rs. 394.3  crore up 7.9% year-on-year (up 103% quarter-on-quarter).


Net Sales are expected to increase by 20 percent Y-o-Y (up 55.3 percent Q-o-Q) to Rs. 6,751.9 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 2.5 percent Y-o-Y (up 87.6 percent Q-o-Q) to Rs. 593.1 crore.


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