Blue Star Q1 PAT seen up 39.2% YoY to Rs. 81 cr: KR Choksey

Blue Star | Integrated Core Strategies (ASIA) Pte Ltd sold 5,17,661 shares in company at Rs 632.77 per share on the NSE. (Image: Wikimedia)

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KR Choksey has come out with its first quarter (April-June’ 18) earnings estimates for the FMCG sector. The brokerage house expects Blue Star to report net profit at Rs. 81 crore up 39.2% year-on-year (up 72.5% quarter-on-quarter).

Net Sales are expected to increase by 5.9 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,542 crore, according to KR Choksey.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.9 percent Y-o-Y (up 16.2 percent Q-o-Q) to Rs. 104.9 crore.

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