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Rupa & Company Q1 PAT may dip 13.9% YoY to Rs. 8.8 cr: ICICI Direct

Net Sales are expected to increase by 2.8 percent Y-o-Y (down 52.1 percent Q-o-Q) to Rs. 188.6 crore, according to ICICI Direct.

July 18, 2019 / 12:09 PM IST
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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 Rupa & Company to report net profit at Rs. 8.8 crore down 13.9% year-on-year (down 72.7% quarter-on-quarter).


Net Sales are expected to increase by 2.8 percent Y-o-Y (down 52.1 percent Q-o-Q) to Rs. 188.6 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 4.4 percent Y-o-Y (down 65.5 percent Q-o-Q) to Rs. 20 crore.


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