V-Guard Industries Q1 PAT seen up 106.4% YoY to Rs. 52.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects V-Guard Industries to report net profit at Rs. 52.7 crore up 106.4% year-on-year (down 41.1% quarter-on-quarter).

Net Sales are expected to increase by 49 percent Y-o-Y (down 20.4 percent Q-o-Q) to Rs. 842.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 73.9 percent Y-o-Y (down 28.7 percent Q-o-Q) to Rs. 79.2 crore.

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