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Voltas Q1 PAT seen up 8.4% YoY to Rs. 202.7 cr: ICICI Direct

Net Sales are expected to increase by 14 percent Y-o-Y (up 18.8 percent Q-o-Q) to Rs. 2,449.8 crore, according to ICICI Direct.

July 11, 2019 / 05:59 PM IST
 
 
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ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Voltas to report net profit at Rs. 202.7 crore up 8.4% year-on-year (up 43.1% quarter-on-quarter).


Net Sales are expected to increase by 14 percent Y-o-Y (up 18.8 percent Q-o-Q) to Rs. 2,449.8 crore, according to ICICI Direct.


Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 10.3 percent Y-o-Y (up 85.8 percent Q-o-Q) to Rs. 268.1 crore.


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