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    HomeNewsBusinessEarningsKewal Kiran Q1 PAT seen up 27.8% YoY to Rs. 10.5 cr: ICICI Direct

    Kewal Kiran Q1 PAT seen up 27.8% YoY to Rs. 10.5 cr: ICICI Direct

    Net Sales are expected to increase by 9.6 percent Y-o-Y (down 28.4 percent Q-o-Q) to Rs. 85.9 crore, according to ICICI Direct.

    Moneycontrol News
    July 17, 2018 / 11:49 IST
    Answer: Claudio Grotto and GAS (Representative Image)

    Answer: Claudio Grotto and GAS (Representative Image)

     
     
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    ICICI Direct has come out with its first quarter (April-June’ 18) earnings estimates for the Apparel sector. The brokerage house expects Kewal Kiran to report net profit at Rs. 10.5 crore up 27.8% year-on-year (down 46% quarter-on-quarter).

    Net Sales are expected to increase by 9.6 percent Y-o-Y (down 28.4 percent Q-o-Q) to Rs. 85.9 crore, according to ICICI Direct.

    Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 55 percent Y-o-Y (down 57 percent Q-o-Q) to Rs. 11.3 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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    Moneycontrol News
    first published: Jul 17, 2018 11:14 am

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