Greenply Industries Q4 PAT may dip 14.5% YoY to Rs. 27.9 cr: ICICI Direct

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ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Building Materials sector. The brokerage house expects Greenply Industries to report net profit at Rs. 27.9 crore down 14.5% year-on-year (down 21.8% quarter-on-quarter).

Net Sales are expected to increase by 7.5 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 470 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 0.8 percent Y-o-Y (down 1.3 percent Q-o-Q) to Rs. 57.6 crore.

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