VST Industries Q1 PAT seen up 7.4% YoY to Rs. 65.8 cr: ICICI Direct
ICICI Direct has come out with its first quarter (April-June’ 19) earnings estimates for the FMCG sector. The brokerage house expects VST Industries to report net profit at Rs. 65.8 crore up 7.4% year-on-year (up 24.1% quarter-on-quarter).
Net Sales are expected to increase by 10.5 percent Y-o-Y (down 1.5 percent Q-o-Q) to Rs. 268.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 6.1 percent Y-o-Y (up 26.6 percent Q-o-Q) to Rs. 102.7 crore.
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