Greenply Industries Q4 PAT may dip 4.8% YoY to Rs 39.8 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Building materials -Plywood sector. The brokerage house expects Greenply Industries to report net profit at Rs. 39.8 crore down 4.8% year-on-year (up 10.4% quarter-on-quarter).

Net Sales are expected to decrease by 2.4 percent Y-o-Y (up 9.3 percent Q-o-Q) to Rs. 436.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 6 percent Y-o-Y (up 7 percent Q-o-Q) to Rs. 67.1 crore.

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