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Last Updated : Apr 15, 2019 12:05 PM IST | Source: Moneycontrol.com

Essel Propack Q4 PAT seen up 10.8% YoY to Rs. 50.4 cr: ICICI Direct

Net Sales are expected to increase by 8.6 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 682.6 crore, according to ICICI Direct.

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Plastics seen at Brigade Parade Ground in Kolkata, West Bengal on April 4. Prime Minister Narendra Modi held a rally there on April 3. (Image: ANI)
Plastics seen at Brigade Parade Ground in Kolkata, West Bengal on April 4. Prime Minister Narendra Modi held a rally there on April 3. (Image: ANI)
 
 
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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Essel Propack to report net profit at Rs. 50.4 crore up 10.8% year-on-year (up 8.6% quarter-on-quarter).


Net Sales are expected to increase by 8.6 percent Y-o-Y (down 1.7 percent Q-o-Q) to Rs. 682.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 9.8 percent Y-o-Y (down 2.8 percent Q-o-Q) to Rs. 127.6 crore.


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First Published on Apr 15, 2019 12:05 pm
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