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TTK Prestige Q1 PAT seen up 134.2% YoY to Rs. 63.7 cr: ICICI Direct

Net Sales are expected to increase by 56.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 557.9 crore, according to ICICI Direct.

July 14, 2022 / 01:44 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Retail sector. The brokerage house expects TTK Prestige to report net profit at Rs. 63.7 crore up 134.2% year-on-year (down 19.5% quarter-on-quarter).

Net Sales are expected to increase by 56.3 percent Y-o-Y (down 13.9 percent Q-o-Q) to Rs. 557.9 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 114.1 percent Y-o-Y (down 20.9 percent Q-o-Q) to Rs. 83.7 crore.

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