ICICI Direct has come out with its third quarter (October-December’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs. 234.3 crore down 25% year-on-year (up 2.4% quarter-on-quarter).
Net Sales are expected to increase by 6.2 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs. 1,957.8 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 22.2 percent Y-o-Y (up 0.6 percent Q-o-Q) to Rs. 312.6 crore.
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