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Last Updated : Jul 18, 2016 05:27 PM IST | Source: Moneycontrol.com

Bata Q1 PAT seen up 37.2% to Rs 67.5 cr : Axis Securities

Net Sales are expected to up 10.5 percent Y-o-Y to Rs 751.2 crore, according to Axis Securities

 
 
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Axis Securities has come out with its first quarter (April-June) earnings estimates for the India Consumer sector. The brokerage house expects Bata to report a growth of 37.2 percent year-on-year in net profit at Rs 67.5 crore.


Net Sales are expected to up 10.5 percent Y-o-Y to Rs 751.2 crore, according to Axis Securities.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to up 35.6 percent Y-o-Y to Rs 117.1 crore.

Topline to grow by 11 percent aided by mid-single digit SSSg. Gross margin expansion of 367 bps Y-o-Y to result in EBITDA margin expansion of 289 bps Y-o-Y.

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First Published on Jul 18, 2016 05:15 pm
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