Greenply Industries Q1 PAT seen up 6.1% YoY to Rs. 32.5 cr: ICICI Direct

Century Plyboards | Cyclone AMPHAN in West Bengal made extensive damage to factory shed and building. Plant production has been partly shut down. (Image: centuryply.com)

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ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Building Materials sector. The brokerage house expects Greenply Industries to report net profit at Rs. 32.5 crore up 6.1% year-on-year (down 0.4% quarter-on-quarter).

Net Sales are expected to increase by 4.2 percent Y-o-Y (down 7 percent Q-o-Q) to Rs. 406.7 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 17.1 percent Y-o-Y (down 0.2 percent Q-o-Q) to Rs. 57 crore.

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