Supreme Industries Q2 PAT seen up 34.2% YoY to Rs 234.8 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs 234.8 crore up 34.2% year-on-year (up 38% quarter-on-quarter).

Net Sales are expected to increase by 31.4 percent Y-o-Y (up 34.6 percent Q-o-Q) to Rs 1,806.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.8 percent Y-o-Y (up 42.7 percent Q-o-Q) to Rs 316.7 crore.

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