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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ICICI Direct - Consolidated Earnings Estimates
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