Moneycontrol
Last Updated : Jul 18, 2019 12:32 PM IST | Source: Moneycontrol.com

Greenply Industries Q1 PAT may dip 23.6% YoY to Rs. 18.2 cr: ICICI Direct

Net Sales are expected to increase by 19.6 percent Y-o-Y (down 6.2 percent Q-o-Q) to Rs. 484.2 crore, according to ICICI Direct.

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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Building Materials sector. The brokerage house expects Greenply Industries to report net profit at Rs. 18.2 crore down 23.6% year-on-year (down 32.6% quarter-on-quarter).


Net Sales are expected to increase by 19.6 percent Y-o-Y (down 6.2 percent Q-o-Q) to Rs. 484.2 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 18 percent Y-o-Y (up 1.6 percent Q-o-Q) to Rs. 54.2 crore.


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First Published on Jul 18, 2019 12:32 pm
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