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V-Guard Industries Q1 PAT seen up 538.4% YoY to Rs. 23.2 cr: ICICI Direct

Net Sales are expected to increase by 30 percent Y-o-Y (down 38 percent Q-o-Q) to Rs. 530.4 crore, according to ICICI Direct.

July 13, 2021 / 12:21 PM IST
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ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects V-Guard Industries to report net profit at Rs. 23.2 crore up 538.4% year-on-year (down 66% quarter-on-quarter).

Net Sales are expected to increase by 30 percent Y-o-Y (down 38 percent Q-o-Q) to Rs. 530.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 277.6 percent Y-o-Y (down 66.4 percent Q-o-Q) to Rs. 37.1 crore.

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