Moneycontrol
Last Updated : Apr 12, 2019 02:33 PM IST | Source: Moneycontrol.com

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

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.

Answer: Levi Strauss. Levi Strauss and Jacob Davis, a Nevada tailor, received a patent on Davis' design of copper riveted denim jeans with stress relief at the picket corners and base of the button fly. Davis didn't have the money to apply for the patent, so Levi Strauss paid for the paperwork. In 1998, Levis used enough miles of denim to circle the globe 52 times. (Image: Reuters)
Answer: Levi Strauss. Levi Strauss and Jacob Davis, a Nevada tailor, received a patent on Davis' design of copper riveted denim jeans with stress relief at the picket corners and base of the button fly. Davis didn't have the money to apply for the patent, so Levi Strauss paid for the paperwork. In 1998, Levis used enough miles of denim to circle the globe 52 times. (Image: Reuters)
 
 
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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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First Published on Apr 12, 2019 02:33 pm
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