V-Guard Industries Q4 PAT may dip 22.6% YoY to Rs. 53 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 22) earnings estimates for the Consumer Discretionary sector. The brokerage house expects V-Guard Industries to report net profit at Rs. 53 crore down 22.6% year-on-year (down 1.8% quarter-on-quarter).

Net Sales are expected to increase by 5.1 percent Y-o-Y (down 7.1 percent Q-o-Q) to Rs. 898.4 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 23.5 percent Y-o-Y (down 2.7 percent Q-o-Q) to Rs. 84.5 crore.

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