Greenlam Industries Q4 PAT seen up 4.4% YoY to Rs. 22.3 cr: Edelweiss

Edelweiss has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Home Decor sector. The brokerage house expects Greenlam Industries to report net profit at Rs. 22.3 crore up 4.4% year-on-year (up 28.4% quarter-on-quarter).

Net Sales are expected to increase by 12 percent Y-o-Y (up 16.9 percent Q-o-Q) to Rs. 327.7 crore, according to Edelweiss.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 4 percent Y-o-Y (up 21.6 percent Q-o-Q) to Rs. 47.5 crore.

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