Nirmal Bang has come out with its second quarter (July - September’ 24) earnings estimates for the CONSUMER DISCRETIONARY sector. The brokerage house expects Westlife Foodworld to report net profit at Rs 31.7 crore down 8.3% year-on-year (up 6.1% quarter-on-quarter).
Net Sales are expected to increase by 11 percent Y-o-Y (up 3.4 percent Q-o-Q) to Rs 635.4 crore, according to Nirmal Bang.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 8 percent Y-o-Y (up 1.4 percent Q-o-Q) to Rs 106.7 crore.
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