United Spirits Q1 PAT seen up 76.2% YoY to Rs. 143.2 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Others sector. The brokerage house expects United Spirits to report net profit at Rs. 143.2 crore up 76.2% year-on-year (up 13.5% quarter-on-quarter).

Net Sales are expected to increase by 8.1 percent Y-o-Y (down 3.3 percent Q-o-Q) to Rs. 2,174.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 52.7 percent Y-o-Y (up 3.5 percent Q-o-Q) to Rs. 293.6 crore.

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