Voltas Q2 PAT seen up 4.1% YoY to Rs 83 cr: ICICI Direct

ICICI Direct has come out with its second quarter (July-September’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Voltas to report net profit at Rs 83 crore up 4.1% year-on-year (down 32.2% quarter-on-quarter).

Net Sales are expected to increase by 9.1 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs 1,758.5 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 3.2 percent Y-o-Y (down 30.1 percent Q-o-Q) to Rs 94.9 crore.

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