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Last Updated : Apr 16, 2019 12:33 PM IST | Source: Moneycontrol.com

Bata India Q4 PAT seen up 40.6% YoY to Rs. 73.2 cr: ICICI Direct

Net Sales are expected to increase by 13.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 715.3 crore, according to ICICI Direct.

Picture for representation (Image: Wikimedia)
Picture for representation (Image: Wikimedia)
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Retail sector. The brokerage house expects Bata India to report net profit at Rs. 73.2 crore up 40.6% year-on-year (down 29.1% quarter-on-quarter).


Net Sales are expected to increase by 13.1 percent Y-o-Y (down 8.1 percent Q-o-Q) to Rs. 715.3 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 39.1 percent Y-o-Y (down 30.1 percent Q-o-Q) to Rs. 114.5 crore.


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First Published on Apr 16, 2019 12:33 pm
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