ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs. 118.5 crore up 14.3% year-on-year (up 10.7% quarter-on-quarter).
Net Sales are expected to increase by 15.5 percent Y-o-Y (up 12.1 percent Q-o-Q) to Rs. 1,476 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 13.4 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 224.3 crore.
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ICICI Direct - Consolidated Estimates Report
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