HomeNewsBusinessStocksAditya Birla Fashion Q2 PAT may dip 6.1% YoY to Rs. 60.9 cr: ICICI Securities

Aditya Birla Fashion Q2 PAT may dip 6.1% YoY to Rs. 60.9 cr: ICICI Securities

Net Sales are expected to increase by 9.6 percent Y-o-Y (up 16.9 percent Q-o-Q) to Rs. 2068.8 crore, according to ICICI Securities.

October 11, 2017 / 19:10 IST
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Arvind Fashions Rights Entitlement | Kotak Standard Multicap Fund offloaded 4,83,404 RE shares in company at Rs 36.26 per share. (Image: PTI)
Arvind Fashions Rights Entitlement | Kotak Standard Multicap Fund offloaded 4,83,404 RE shares in company at Rs 36.26 per share. (Image: PTI)

ICICI Securities has come out with its second quarter (July-September) earnings estimates for the Branded Apparels sector. The brokerage house expects Aditya Birla Fashion to report net profit at Rs. 60.9 crore, down 6.1% year-on-year.

Net Sales are expected to increase by 9.6 percent Y-o-Y (up 16.9 percent Q-o-Q) to Rs. 2068.8 crore, according to ICICI Securities.

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Earnings before interest, tax, depreciation and amortization (EBITDA) are likely to fall by 4 percent Y-o-Y (up 113.7 percent Q-o-Q) to Rs. 158.2 crore.

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