ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Voltas to report net profit at Rs. 163.8 crore down 15.6% year-on-year (up 109.7% quarter-on-quarter).
Net Sales are expected to increase by 8.9 percent Y-o-Y (up 49.5 percent Q-o-Q) to Rs. 2,230 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 12.8 percent Y-o-Y (up 90.8 percent Q-o-Q) to Rs. 220.8 crore.
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ICICI Direct - All Sectors Q4 Estimates
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