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TTK Prestige Q1 PAT seen up 355.8% YoY to Rs. 18.6 cr: ICICI Direct

Net Sales are expected to increase by 58 percent Y-o-Y (down 40.6 percent Q-o-Q) to Rs. 329.6 crore, according to ICICI Direct.

July 13, 2021 / 12:36 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Retail sector. The brokerage house expects TTK Prestige to report net profit at Rs. 18.6 crore up 355.8% year-on-year (down 77.4% quarter-on-quarter).

Net Sales are expected to increase by 58 percent Y-o-Y (down 40.6 percent Q-o-Q) to Rs. 329.6 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 282.8 percent Y-o-Y (down 70.4 percent Q-o-Q) to Rs. 30.3 crore.

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