ICICI Direct has come out with its third quarter (October-December’ 18) earnings estimates for the Consumer Discretionary sector. The brokerage house expects Astral Poly Technik to report net profit at Rs. 53 crore up 14.4% year-on-year (up 15.6% quarter-on-quarter).
Net Sales are expected to increase by 25.6 percent Y-o-Y (up 5.5 percent Q-o-Q) to Rs. 663.6 crore, according to ICICI Direct.
Earnings before interest, tax, depreciation and amortisation (EBITDA) are likely to rise by 36.5 percent Y-o-Y (up 6.5 percent Q-o-Q) to Rs. 100.5 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.
Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!