Voltas Q1 PAT seen up 45.5% YoY to Rs. 119 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Voltas to report net profit at Rs. 119 crore up 45.5% year-on-year (down 50.2% quarter-on-quarter).

Net Sales are expected to increase by 29 percent Y-o-Y (down 36.9 percent Q-o-Q) to Rs. 1,673.3 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 95.1 percent Y-o-Y (down 60.6 percent Q-o-Q) to Rs. 130.2 crore.

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