ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs. 161.4 crore down 9.9% year-on-year (up 99.3% quarter-on-quarter).
Net Sales are expected to increase by 14.4 percent Y-o-Y (up 19.4 percent Q-o-Q) to Rs. 1,683.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 2.7 percent Y-o-Y (up 58.9 percent Q-o-Q) to Rs. 279.1 crore.
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ICICI Direct - All Sectors Q4 Estimates
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