Supreme Industries Q3 PAT seen up 59.3% YoY to Rs. 196.6 cr: ICICI Direct

ICICI Direct has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs. 196.6 crore up 59.3% year-on-year (up 12.4% quarter-on-quarter).

Net Sales are expected to increase by 17.8 percent Y-o-Y (up 17.7 percent Q-o-Q) to Rs. 1,618 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 38.2 percent Y-o-Y (up 19.4 percent Q-o-Q) to Rs. 305.4 crore.

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