ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Bajaj Electricals to report net profit at Rs. 43.4 crore down 19.9% year-on-year (down 9.8% quarter-on-quarter).
Net Sales are expected to increase by 5.4 percent Y-o-Y (up 0.5 percent Q-o-Q) to Rs. 1,326.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 3.8 percent Y-o-Y (down 18.1 percent Q-o-Q) to Rs. 75.4 crore.
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