ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Retail sector. The brokerage house expects Trent Ltd. to report net profit at Rs. 64.5 crore up 13.4% year-on-year (down 51.5% quarter-on-quarter).
Net Sales are expected to increase by 48 percent Y-o-Y (down 30.9 percent Q-o-Q) to Rs. 201.5 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 48 percent Y-o-Y (down 30.9 percent Q-o-Q) to Rs. 201.5 crore.
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