Supreme Industries Q1 PAT seen up 25.4% YoY to Rs. 213.4 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs. 213.4 crore up 25.4% year-on-year (down 34.1% quarter-on-quarter).

Net Sales are expected to increase by 46.3 percent Y-o-Y (down 23.2 percent Q-o-Q) to Rs. 1,963.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 28.2 percent Y-o-Y (down 27.3 percent Q-o-Q) to Rs. 284.7 crore.

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