ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Essel Propack to report net profit at Rs. 44.6 crore up 9.5% year-on-year (down 17% quarter-on-quarter).
Net Sales are expected to increase by 10.3 percent Y-o-Y (down 3.9 percent Q-o-Q) to Rs. 656.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 5.1 percent Y-o-Y (down 3.7 percent Q-o-Q) to Rs. 120.2 crore.
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ICICI Direct - Consolidated Estimates Report
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