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Last Updated : Jul 18, 2019 12:04 PM IST | Source: Moneycontrol.com

Page Industries Q1 PAT may dip 4% YoY to Rs. 119.5 cr: ICICI Direct

Net Sales are expected to increase by 5.1 percent Y-o-Y (up 40.9 percent Q-o-Q) to Rs. 856.5 crore, according to ICICI Direct.

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Representative image: Pixabay/Engin_Akyurt
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Apparel sector. The brokerage house expects Page Industries to report net profit at Rs. 119.5 crore down 4% year-on-year (up 59.3% quarter-on-quarter).


Net Sales are expected to increase by 5.1 percent Y-o-Y (up 40.9 percent Q-o-Q) to Rs. 856.5 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.7 percent Y-o-Y (up 53.9 percent Q-o-Q) to Rs. 184.1 crore.


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First Published on Jul 18, 2019 12:04 pm
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