Symphony Q4 PAT seen up 19.6% YoY to Rs. 55.8 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (Jan-March’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Symphony to report net profit at Rs. 55.8 crore up 19.6% year-on-year (down 15.8% quarter-on-quarter).

Net Sales are expected to increase by 25.1 percent Y-o-Y (up 5.8 percent Q-o-Q) to Rs. 230.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 35.4 percent Y-o-Y (down 22.7 percent Q-o-Q) to Rs. 67.1 crore.

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