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Bata India Q1 PAT seen up 20% YoY to Rs. 99.1 cr: ICICI Direct

Net Sales are expected to increase by 10.1 percent Y-o-Y (up 29.3 percent Q-o-Q) to Rs. 878.1 crore, according to ICICI Direct.

July 18, 2019 / 03:24 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Retail sector. The brokerage house expects Bata India to report net profit at Rs. 99.1 crore up 20% year-on-year (up 12.2% quarter-on-quarter).


Net Sales are expected to increase by 10.1 percent Y-o-Y (up 29.3 percent Q-o-Q) to Rs. 878.1 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.9 percent Y-o-Y (up 64.4 percent Q-o-Q) to Rs. 155.4 crore.


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