VST Industries Q1 PAT seen up 5.3% YoY to Rs 79.7 cr: ICICI Direct

ICICI Direct has come out with its first quarter (April-June’ 21) earnings estimates for the FMCG sector. The brokerage house expects VST Industries to report net profit at Rs 79.7 crore up 5.3% year-on-year (down 10% quarter-on-quarter).

Net Sales are expected to increase by 16 percent Y-o-Y (down 5.2 percent Q-o-Q) to Rs 284.8 crore, according to ICICI Direct.

Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.3 percent Y-o-Y (down 6.6 percent Q-o-Q) to Rs 105.6 crore.

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