Yes Securities has come out with its third quarter (October-December’ 20) earnings estimates for the Consumer Staples sector. The brokerage house expects V‐Mart Retail to report net profit at Rs. 41.4 crore down 28.9% year-on-year.
Net Sales are expected to decrease by 10 percent Y-o-Y (up 188.3 percent Q-o-Q) to Rs. 505.9 crore, according to Yes Securities.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to fall by 381.6 percent Y-o-Y (up 1,713.1 percent Q-o-Q) to Rs. 85.8 crore.
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