KR Choksey has come out with its first quarter (April-June�� 18) earnings estimates for the FMCG sector. The brokerage house expects Blue Star to report net profit at Rs. 81 crore up 39.2% year-on-year (up 72.5% quarter-on-quarter).
Net Sales are expected to increase by 5.9 percent Y-o-Y (up 4.5 percent Q-o-Q) to Rs. 1,542 crore, according to KR Choksey.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 22.9 percent Y-o-Y (up 16.2 percent Q-o-Q) to Rs. 104.9 crore.
Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Read More First Published on Jul 22, 2018 06:09 pm
No comments:
Post a Comment