Supreme Industries Q4 PAT seen up 106.1% YoY to Rs 241.7 cr: ICICI Direct

ICICI Direct has come out with its fourth quarter (January-March’ 21) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Supreme Industries to report net profit at Rs 241.7 crore up 106.1% year-on-year (down 22.6% quarter-on-quarter).

Net Sales are expected to increase by 30.9 percent Y-o-Y (up 1.5 percent Q-o-Q) to Rs 1,872.2 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 23.5 percent Y-o-Y (down 15.9 percent Q-o-Q) to Rs 337.6 crore.

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