ICICI Direct has come out with its fourth quarter (January-March’ 19) earnings estimates for the Others sector. The brokerage house expects VST Tillers & Tractors to report net profit at Rs. 15.8 crore down 53.1% year-on-year (up 56.4% quarter-on-quarter).
Net Sales are expected to decrease by 28.6 percent Y-o-Y (up 18.1 percent Q-o-Q) to Rs. 172.4 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 46.3 percent Y-o-Y (up 80.6 percent Q-o-Q) to Rs. 22.4 crore.
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