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Last Updated : Jul 20, 2017 07:59 PM IST | Source: Moneycontrol.com

Indo Count Q1 PAT may dip 3% YoY to Rs 58.5 cr: KR Choksey

Net Sales are expected to increase by 10.7 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 567.8 crore, according to KR Choksey. Indo Count to report net profit at 58.5 crore down 3% year-on-year.

 
 
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KR Choksey has come out with its first quarter (April-June) earnings estimates for the Midcap sector. The brokerage house expects Indo Count to report net profit at 58.5 crore down 3% year-on-year (up 19.9% quarter-on-quarter).


Net Sales are expected to increase by 10.7 percent Q-o-Q (up 15.3 percent Y-o-Y) to Rs 567.8 crore, according to KR Choksey.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 20.4 percent Q-o-Q (down 1.6 percent Y-o-Y) to Rs 108.5 crore.


Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.




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First Published on Jul 18, 2017 06:24 pm
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